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A North-South agent based model of segmented labour markets: The role of education and trade asymmetries

Fanti, Lucrezia; Pereira, Marcelo C.; Virgillito, Maria … - 2023

of the education level they are able to provide. Education is modeled as a national-level policy differently targeting … in terms of both requested education level and offered wages. To address the role of trade and education, we experiment … with different education-policy and trade settings. Ultimately, we are interested in understanding the coupling effects of …

Persistent link: https://www.econbiz.de/10014541788

The agenda for evolutionary economics: Results, dead ends, and challenges ahead

Dosi, Giovanni - 2022

This essay outlines the evolutionary research agenda thoroughly explored in its microeconomic aspects in the forthcoming Manual, The Foundations of Complex Evolving Economies. Part One: Innovation, Organization and Industrial Dynamics, Oxford University Press, 2023. But is there an...

Persistent link: https://www.econbiz.de/10014318959

Financing the capital development of the economy: A Keynes-Schumpeter-Minsky synthesis

Mazzucato, Mariana; Wray, L. Randall - 2015

This paper discusses the role that finance plays in promoting the capital development of the economy, with particular emphasis on the current situation of the United States and the United Kingdom. We define both "finance" and "capital development" very broadly. We begin with the observation that...

Persistent link: https://www.econbiz.de/10011335945

Institutional change and productivity growth in China's manufacturing 1998-2007: The microeconomics of creative restructuring

Dosi, Giovanni; Lei, Jiasu; Yu, Xiaodan - 2013

This paper investigates firm-level dynamics of labour productivity in China's manufacturing sector over the 1998-2007. Underlying the aggregate evidence of dramatic growth of labour productivity, one observes a large, even if shrinking, intra-sectoral heterogeneity. A major process of both...

Persistent link: https://www.econbiz.de/10010328412

Technical progress and structural change: A long-term view

Nuvolari, Alessandro; Russo, Emanuele - 2019

Along the development path, countries experience large transformations in their economic structure as productive resources move towards different economic activities. ''Modern economic growth'' is also associated with a self-sustained process of technical change which leads to the emergence of...

Persistent link: https://www.econbiz.de/10012060670

In order to stand up you must keep cycling: Change and coordination in complex evolving economies

Dosi, Giovanni; Virgillito, Maria Enrica - 2016

In this work we discuss the main building blocks, achievements and challenges of an evolutionary interpretation of the relation between mechanisms of coordination and drivers of change in modern economies, seen as complex evolving systems. It is an evident stylised fact of modern economic...

Persistent link: https://www.econbiz.de/10011789742

International migration and school enrollment of the left-behinds in Albania: A note

Mastrorillo, Marina; Fagiolo, Giorgio - 2014

We study the impact of international migration on enrollment of the left-behinds in Albania using the 2008 and 2012 Living Standard Measurement Survey. We employ a 2-s tage Probit model controlling for endogeneity with an instrumental-variable approach. We find that migration has a negative and...

Persistent link: https://www.econbiz.de/10011335918

Commercialisation strategies of technology-based European SMEs: Market for technology vs. markets for products

Giuri, Paola; Luzzi, Alessandra - 2005

, activities, and the description of events obtained by different data sources, we also investigates if technology based SMEs … propose a taxonomy of technology based SMEs' strategies in the market for technology, in the market for embedded technologies …

Persistent link: https://www.econbiz.de/10010328357

ICT, skills, and organisational change: Evidence from a panel of Italian manufacturing firms

Giuri, Paola; Torrisi, Salvatore; Zinovyeva, Natalia - 2005

This paper explores how firms' skills and organizational change affect the returns from investments in ICT. Our work contributes to the literature by testing the hypothesis of complementarity in a panel of 540 Italian manufacturing firms during 1995-2000. By drawing on different statistical...

Persistent link: https://www.econbiz.de/10010328640

The causal effects of R&D grants: Evidence from a regression discontinuity

Santoleri, Pietro; Mina, Andrea; Di Minin, Alberto; … - 2020

Direct public support for business R&D is a well-established remedy to market failures, yet empirical evidence on its effectiveness yields conflicting results. The paper investigates the impact of the first European public R&D grant program targeting small and medium enterprises (i.e. the SME...

Persistent link: https://www.econbiz.de/10012389334