Showing 31 - 40 of 58
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
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
This paper studies an agent-based model that bridges Keynesian theories of demandgeneration and Schumpeterian theories of technology-fueled economic growth. We employ the model to investigate the properties of macroeconomic dynamics and the impact of public polices on supply, demand and the...
Persistent link: https://www.econbiz.de/10010328628
ste ensayo discute la relación entre las pautas de cambio tecnológico y el desarrollo económico desde una perspectiva evolutiva. Aquí sostenemos que las modalidades y el ritmo de tales dinámicas conjuntas están sumamente influidas por el surgimiento de nue¬vos paradigmas o regímenes...
Persistent link: https://www.econbiz.de/10011267939
"Learning-by-doing" is usually identified as a process whereby performance increases with experience in production. The … "learning", or performance improvement over time is not a by-product of the mere repetition of the same production activities …
Persistent link: https://www.econbiz.de/10011789729
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
evolving system. The three families of models are presented in details and their empirical performance and policy exercises …
Persistent link: https://www.econbiz.de/10011789763
In this paper we present a multi-country, multi-industry agent-based model investigating the different growth patterns of interdependent economies. Each country features a Schumpeterian engine of endogenous technical change which interacts with Keyneasian/Kaldorian demand generation mechanisms....
Persistent link: https://www.econbiz.de/10011789776
In this paper, we study the effects of industrial policies on international convergence using a multi-country agent-based model which builds upon Dosi et al. (2019b). The model features a group of microfounded economies, with evolving industries, populated by heterogeneous firms that compete in...
Persistent link: https://www.econbiz.de/10012389326
This paper studies an agent-based model that bridges Keynesian theories of demandgeneration and Schumpeterian theories of technology-fueled economic growth. We employ the model to investigate the properties of macroeconomic dynamics and the impact of public polices on supply, demand and the...
Persistent link: https://www.econbiz.de/10008553013