Distance to Frontier, Selection, and Economic Growth
نویسندگان
چکیده
منابع مشابه
Distance to Frontier, Selection, and Economic Growth
We analyze an economy where firms undertake both innovation and adoption of technologies from the world technology frontier. The selection of high-skill managers and firms is more important for innovation than for adoption. As the economy approaches the frontier, selection becomes more important. Countries at early stages of development pursue an investment-based strategy, which relies on exist...
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We construct a model where the equilibrium organization of firms changes as an economy approaches the world technology frontier. In vertically integrated firms, owners (managers) have to spend time both on production and innovation activities, and this creates managerial overload, and discourages innovation. Outsourcing of some production activities mitigates the managerial overload, but create...
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Empirical work on comparative patterns of economic growth and development have suggested the existence of multiple equilibria, i.e. cases where economies with similar sets of economic and social characteristics may end up on long-run growth paths with markedly different levels of per capita income or other important indicators of social welfare. The possibility of such cases was long known in t...
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مطالعات قبلی بازار بیمه را به صورت کلی در نظر می گرفتند اما در این مطالعه صنعت بیمه به عنوان متغیر مستفل به بیمه های زندگی و غیر زندگی شکسته شده و هم چنین بیمه های زندگی به رشته های مختلف بیمه ای که در بازار بیمه ایران سهم قابل توجهی دارند تقسیم میشود. با استفاده از روشهای اقتصاد سنجی داده های برای دوره های 48-89 از مراکز ملی داده جمع آوری شد سپس با تخمین مدل خود بازگشتی برداری همراه با تعدادی ...
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ژورنال
عنوان ژورنال: Journal of the European Economic Association
سال: 2006
ISSN: 1542-4766,1542-4774
DOI: 10.1162/jeea.2006.4.1.37