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With respect to relocation (delocalisation) issues two attitudes can be contrasted. According to the most standard one, relocation does not create any problem when full competition prevails in product, labour, and capital markets. Changes in transportation and production costs may generate...
Persistent link: https://www.econbiz.de/10010760274
With respect to relocation (delocalisation) issues two attitudes can be contrasted. According to the most standard one, relocation does not create any problem when full competition prevails in product, labour, and capital markets. Changes in transportation and production costs may generate...
Persistent link: https://www.econbiz.de/10010764745
Real divergences in economic performances that emerge between countries belonging to the eurozone make it necessary to define an economic policy oriented toward a re-industrialization of some regions in Europe. In a world characterised by irreversibility of investment and imperfection of...
Persistent link: https://www.econbiz.de/10010764795
Many of the factors responsible for the financial crisis (financial innovation ans securitization ;heterogeneity of agents, markets and regulatory framworks) are by and large overlooked by standard macroeconomic models which have failed to forecast the advent of the crisis and are unable to...
Persistent link: https://www.econbiz.de/10010772547
This paper proposes an analytical approach to growth modelling that focuses on the temporal and hence the organizational dimension of real production processes, rather than making use of a production function, which is a pure technical relationship. This approach takes advantage of the...
Persistent link: https://www.econbiz.de/10010776784
We build an agent-based model to study how _scal multipliers can change over the business cycle. Our approach considers the economy as a complex evolving system. In that, _scal state-dependent multipliers are emergent disequilibrium phenomenon stemming from the interaction among an ecology of...
Persistent link: https://www.econbiz.de/10010892171
Dans cet article, l’analyse des processus d’innovation, considérés comme des processus de création de technologie et caractérisés par l’existence de processus de production verticalement intégrés séparables, permet de reconsidérer la stratégie technologique des entreprises et...
Persistent link: https://www.econbiz.de/10010784082
Persistent link: https://www.econbiz.de/10010849044
Real divergences in economic performances that emerge between countries belonging to the eurozone make it necessary to define an economic policy oriented toward a re-industrialization of some regions in Europe.In a world characterised by irreversibility of investment and imperfection of market...
Persistent link: https://www.econbiz.de/10010859395
The paper demonstrates the compatibility between competition as a rivalry among firms and increasing returns resulting from innovative choice. The analysis offers the prospect of a general theory of economic evolution. It is carried out by means of a model, which makes it possible to exhibit the...
Persistent link: https://www.econbiz.de/10010907917