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changes in expectations cause changes in productivity. I present a model where firms adopt the technology of a deterministic … lower-frequency fluctuations. …
Persistent link: https://www.econbiz.de/10011252972
1979. New data presented here show that Brazilian industry achieved significant labour productivity growth during the post … industries and firms. We also found that Brazil’s labour productivity growth lagged behind what was achieved in other …
Persistent link: https://www.econbiz.de/10008615046
, and unleash both a boom in aggregate quantities as well as eventual productivity growth, increasing the value of adoption … steady-state growth rate of the underlying technological frontier of ideas, and that during times of low growth in ideas, the … potential for indeterminacies disappears. Under this view, technology becomes important for cycles not necessarily because of …
Persistent link: https://www.econbiz.de/10009147349
highlights that analysis of the issue of technology-induced growth in a knowledge-based society must further the analysis by …Inextricable links between international trade, growth and role of knowledge-creation are well-established in the … economics literature. The issues of creation of technology, its diffusion and actual adoption have been discussed on both …
Persistent link: https://www.econbiz.de/10011107844
The Lucas and Romer production functions are currently the two most popular descriptions of the new growth theories in … which knowledge is endogenous to economic growth and technological change. However, in both production functions the … relationship between technology and human capital is implicit, and human capital is measured as an area. The latter is inconsistent …
Persistent link: https://www.econbiz.de/10011113820
climate, technology and learning in the production process in influencing disparities. In both countries there was a better …
Persistent link: https://www.econbiz.de/10010330695
was the rise of information technology. The new technology has had such a significant impact on the economy that "the new … questions about the effects of information technology on various aspects of the economy. The topics include the relationship … growth; institutional aspects of the innovation process; and the effectiveness of monetary policy in stabilizing the economy. …
Persistent link: https://www.econbiz.de/10004973138
become an even more important determinant of growth through its impact on innovation. This note reviews global trends that …
Persistent link: https://www.econbiz.de/10008837654
technology adoption in stimulating growth. The essays cover a wide range of approaches. Several focus on the interaction between …What political and economic factors stimulate growth and make an economy expand? These original contributions by some … technological variables that encourage or impede economic growth. Topics range from economic reform and price flexibility to the …
Persistent link: https://www.econbiz.de/10004973092
and developments, towards technology. It is also aimed to test and improve the validity and reliability of the scale … following up the technology, the effect of innovation on their lives as well as the questions about their level of using … Internet and smart phone, which have a significant place in technology. Considering the answers of students having participated …
Persistent link: https://www.econbiz.de/10010751720