Showing 1 - 10 of 452
Abstract not available
Persistent link: https://www.econbiz.de/10005304571
The purpose of the paper is to show that, from a growth perspective, government resources can be spent in two different ways. Resources can be allocated to uses which support growth, and to uses which generate growth. We take the provision of health services as an example of the first type of...
Persistent link: https://www.econbiz.de/10005304573
Abstract not available
Persistent link: https://www.econbiz.de/10011199122
In this article we assume two levels of skills and two classes of goods, one produced with a technology requiring high skills, the other produced with a technology that can be operated by both low and high skilled workers. Our model generates two distinct labour market regimes. In one regime we...
Persistent link: https://www.econbiz.de/10005304454
The full employment framework and its demise -- Full employment: changing views and policies -- Early views on unemployment and the phillips curve -- The Phillips curve and shifting views on unemployment -- The troublesome NAIRU/The hoax that undermined full employment -- The shift to full...
Persistent link: https://www.econbiz.de/10003546418
This paper presents a qualitative study on the adoption of early information technologies, such as typewriters, calculators or Hollerith machines in US manufacturing in the period between 1870 and 1930, which was by all means a true systemic innovation. Our empirical work is guided by a...
Persistent link: https://www.econbiz.de/10005304438
This paper focuses on the analysis of size distributions of innovations, which are known to be highly skewed. We use patent citations as one indicator of innovation significance, constructing two large datasets from the European and US Patent Offices at a high level of aggregation, and the...
Persistent link: https://www.econbiz.de/10005304439
The growth of collaborative activity is greatly influenced by the process of globalisation. This paper focuses on the narrow area of collaborative R&D activity, and takes a ‘macro’ view of the effects of these developments. Globalisation has affected the need of firms to collaborate, in that...
Persistent link: https://www.econbiz.de/10005304441
Some industries are characterised by networks of small and specialized firms with porous boundaries, while in some other industries large diversified hierarchies with concrete boundaries are a more dominant form of organization. Some other industries are combinations of these. In this paper, a...
Persistent link: https://www.econbiz.de/10005304442
Using semiparametric and nonparametric estimation techniques we infer cost distributions and informational rents from 457 snow removal contracts o¤ered for tender by the City of Montreal. Our results are compatible with standard received theory of competitive auctions: there is a positive...
Persistent link: https://www.econbiz.de/10005304443