Showing 1 - 10 of 12,655
imitation. Globalization of production resulting from trade liberalization and imitation of the North’s technology by the South … technology transfer paradox similar to that discovered by Jones and Ruffin (forthcoming, JIE): an increase in the uncompensated … technology transfer from the North to the South makes the North better off. However, a point will be reached where further …
Persistent link: https://www.econbiz.de/10004993778
Persistent link: https://www.econbiz.de/10005389644
The development of the microchip sparked another industrial revolution. But will this revolution yield the long-term surge in productivity that the First and Second industrial revolutions produced?
Persistent link: https://www.econbiz.de/10005390110
This paper investigates the conditions under which a dynamic, stochastic macroeconomic model with many interacting agents will exhibit the ‘small shocks, large shocks’ property that is often said to characterize observed time series: small shocks have a transient impact on the system,...
Persistent link: https://www.econbiz.de/10009475664
Academic research has primarily focused on the technical factors of material handling systems, with little or no discussion of human factors. In order to improve the performance of distribution operations, we found that the implementation of material handling systems involves both human and...
Persistent link: https://www.econbiz.de/10009459099
The sign of the relationship between expected stock market returns and volatility appears to vary over time, a result that seems at odds with basic notions of risk and return. In this paper we construct an economy where production involves the use of both labor and capital as inputs. We show...
Persistent link: https://www.econbiz.de/10010397388
of endogenizing the matching technology through endogenous firm entry. Consistent with the findings of our basic …
Persistent link: https://www.econbiz.de/10010397425
elasticity of scale of the production technology is sufficiently small, then efficient levels of investment and growth can always …
Persistent link: https://www.econbiz.de/10010397547
Persistent link: https://www.econbiz.de/10012130450
Persistent link: https://www.econbiz.de/10012130453