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Standard equilibrium economic models focus on interdependencies. In Out of Equilibrium, Amendola and Gaffard develop a theory also dealing with interdependencies, but based on disequilibria, which take the form of feedback mechanisms over time. The way in which these disequilibria interact...
Persistent link: https://www.econbiz.de/10008921388
[fre] L'objectif de cet article est de contraster deux approches différentes des relations entre innovation et concurrence, l'une, traditionnelle qui met l'accent sur l'existence d'une structure optimale, l'autre qui retient l'exigence de viabilité des processus d'innovation. Il montre que les...
Persistent link: https://www.econbiz.de/10008604112
[eng] An economic analysis of technical progress should basically aim at the process of change in which the single firm, or the economy as a whole absorb the technical novelty. Furthermore, technical progress may enter the existing productive structure, or on the contrary, chang it...
Persistent link: https://www.econbiz.de/10008607589
[eng] In this paper, the analysis of the innovative processes, defined as processes of creation of technology and characterized by the existence of separable production processes vertically integrated, allow to reconsider the technological strategy of the firms and the articulation between the...
Persistent link: https://www.econbiz.de/10008608180
Persistent link: https://www.econbiz.de/10008613731
[eng] In the traditional approaches (keyne- sian and monetarist), every break in a pre-existing equilibrium situation is interpreted as an instability problem and accordingly economic policy is conceived as stabilization policy. The underlying idea, in fact, is that there is an equilibrium...
Persistent link: https://www.econbiz.de/10008614214
[fre] La dynamique hors de l'équilibre. Les contributions parallèles de F.A. Hayek et J.R. Hicks. . Les fluctuations apparaissent comme l'expression de la manière dont les chan­gements qualitatifs prennent place. Cela est dû aux distorsions de la structure de la capacité productive dans un...
Persistent link: https://www.econbiz.de/10008614476
This paper empirically investigates the interplay between economic performance and policies in OECD countries. Macroeconomic theory focuses on supply policies as a key determinant of country?s economic performance. Aggregate demand can play a role only in the short-run. This view rests on the...
Persistent link: https://www.econbiz.de/10008615379
Persistent link: https://www.econbiz.de/10008617884
[eng] This paper aims to show important aspects of out of equilibrium processes of change ; in particular the distortion of productive capacity associated with a structural modification and its effects over time. It is stressed that, e.g., a change in the rate of take out is not suf­ficient...
Persistent link: https://www.econbiz.de/10008621351