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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/10014251418

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/10013402021

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/10012020146

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/10011565231

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/10010517057

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/10009721461

Small, young, and exporters : new evidence on the determinants of firm growth

Grazzi, Marco; Moschella, Daniele - 2016

This work investigates how the export status of the firm influences the patterns of growth at different age classes. We address this research question resorting to a novel set of data that links together the universe of Italian firms and detailed data on export transactions. We find that the...

Persistent link: https://www.econbiz.de/10011433470

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/10012240339

The post-entry size adjustment of new small firms

Lotti, Francesca (contributor); … - 2002 - [Elektronische Ressource]

The hypothesis underlined in this paper is that apart from infant mortality there is another relevant phenomenon taking place within new-born Small Business Enterprises (SBEs) in the period immediately after entry; namely that the smaller ones among them, having entered with a marked sub-optimal...

Persistent link: https://www.econbiz.de/10001690375

Financing technology-based small firms in Europe : a review of the empirical evidence

Revest, Valérie; Sapio, Sandro - 2009

This paper reviews the evidence on financing technology-based small firms (TBSFs) in Europe. The main findings in the literature are the 1) European TBSF's finance new investments by relying primarily on internal funds, due to capital market failures induced by asymmetric information; 2)...

Persistent link: https://www.econbiz.de/10008729547