Article history: Received 23 June 2006 Revised 29 July 2008 Available online 5 August 2008 JEL classification: O2 O3 I2

The paper seeks to develop our understanding of the somewhat diffuse nature of technological externalities in technological space by associating a geographical dimension with the sectoral dimension. Using panel data this paper estimates a knowledge production function that allows for spillovers inside the same industry and outside, and for local as well as global geographical spillovers. This a...

In this paper we analyze whether the employment/productivity profile of growth as well as its sectoral pattern matter for poverty reduction. We also identify some conditions of the labor market which are associated with employment intensive growth or specific sectoral growth. We find that, in the short run, while the overall employment intensity of growth does not matter for poverty reduction, ...

This study builds an income distribution and growth model within a simple multi-sectoral Kaleckian framework. The model has heterogeneous features in each sector in that the responses of saving and investment to changes in macroeconomic performance differ sectorally, and there are also different sectoral shares of saving and investment. We consider the determinants that establish the economic g...

Empirical evidence suggests that the differences in rates of technical progress across sectors are time-variant, implying that the bias in technological change is not constant. In this paper, we analyze the implications of this nonconstant sectoral biased technical change for structural change and we assess whether this is an important factor behind structural transformations. To this end, we d...

In this paper we analyze whether the employment/productivity profile of growth as well as its sectoral pattern matter for poverty reduction. We also identify some conditions of the labor market which are associated with employment intensive growth or specific sectoral growth. We find that, in the short run, while the overall employment intensity of growth does not matter for poverty reduction, ...

In this paper we first show that it is possible to modify linear real business cycle models to allow for disaggregate (industry-specific) factors in the generation of macroeconomic fluctuations. We then try to determine the relative importance of aggregate and sectoral shocks by doing principal components analysis on the residuals from a VAR of output growth rates in 19 UK industrial sectors. W...

The compact microstrip antenna is realized by placing shorting post or plate along the zero field line at the fundamental mode of the patch. In this paper, compact variation of circular microstrip antenna, a shorted 90 sectoral microstrip antenna is discussed. It gives a bandwidth of more than 300 MHz at center frequency of around 1000 MHz. Further a new 90 sectoral microstrip antenna, realized...

We develop a generalised impulse response function (GIRF) approach to explore the different impacts of aggregate and sectoral shocks within a VAR-GARCH-M model. Using the output of our GIRF analysis, we explore the behaviour of three European countries (Germany, Spain and the UK). We analyse the aggregate and sectoral responses to discriminate among three different hypotheses of business cycle ...

An extensive literature concerned with optimal depletion of an exhaustible resource, with only a few exceptions, ignores the economy-wide and sectoral distribution effects of resource depletion. This paper presents a dynamic computable general equilibrium model to link the underlying natural resource base to economic performance. The model consists of an intra-temporal price endogenous model of...