Showing 1 - 10 of 16
The Russian labor market was characterized with three main features: a weak sensitivity of employment levels to changing conditions, a high variability of wage, large inter-firm flows of labor resources. This paper recommends a model of a collective firm explaining these phenomena. The main...
Persistent link: https://www.econbiz.de/10008633345
The concepts of absorptive capacity and innovative capability have been introduced to describe abilities of a country to imitate and, accordingly, to create more advanced technologies. In this paper we suggest new indicators of these two abilities. To calculate them, we develop an endogenous...
Persistent link: https://www.econbiz.de/10011110996
, Khenkin, 1988. It is shown that, as a result of interaction between innovation and imitation, the shape of the efficiency …
Persistent link: https://www.econbiz.de/10008592990
This paper studies the evolution of the distribution of firms in the ferrous metals industry by efficiency levels. The proposed model takes into account interaction of processes of creation and adoption of technologies and depreciation of assets. It is shown that the model approximates real data...
Persistent link: https://www.econbiz.de/10008536068
A simple model of imitation and innovation is developed to explain a complicated picture of relative productivity … imitation, only innovation or a mixed policy prevails. We demonstrate how one can find the stationary states and check their … stability for a broad class of imitation-innovation cost functions. Using World Bank statistical data for the period of 1980 …
Persistent link: https://www.econbiz.de/10008543535
A simple model of technological imitation and innovation is developed to explain club convergence in the evolution of … includes only innovation-imitation tradeoff, and the second one takes into account traditional investment decisions as well. It … versions, there are three types of stable steady-state regimes, with only imitation, only innovation or a mixed policy. Using …
Persistent link: https://www.econbiz.de/10008545982
We propose a difference-differential equation that reflects interactions between innovation and imitation processes to …
Persistent link: https://www.econbiz.de/10008468150
I discuss goals of institutional experimentation as well as obstacles for its realization. The special attention is given to regional experiments. Institutional experiment reduces transformation costs, in particular, by diminishing probability of formation of erroneous reforms trap. The analyses...
Persistent link: https://www.econbiz.de/10011258635
It is a typical case in the practice of reforms, when a reformer, who seeks to introduce an institution with desired properties, discovers that its immediate implementation is impossible because of resource, technological, cultural, political or institutional constraints. In this case, one has...
Persistent link: https://www.econbiz.de/10011260534
The costs and benefits of privatization are considered, focusing on the current Russian conditions. The experience of many countries, as well as econometric and theoretical studies, a review of which is given in the paper, show that relative efficiency of privatized enterprises in comparison...
Persistent link: https://www.econbiz.de/10011261032