‘Kaldor Facts’ and the decline of Wage Share: An agent based-stock flow consistent model of induced technical change along Classical and Keynesian lines
Sign Up to like & getrecommendations! Published in 2020 at "Journal of Evolutionary Economics"
DOI: 10.1007/s00191-020-00686-4
Abstract: This paper introduces the classical idea about the so-called directed and induced technical change (ITC) within a Keynesian demand-side and evolutionary endogenous growth model in order to analyse the interplay between technical change, long-run economic… read more here.
Keywords: model; technical change; induced technical; wage ... See more keywords
Knowledge integration between technical change and strategy making
Sign Up to like & getrecommendations! Published in 2020 at "Journal of Evolutionary Economics"
DOI: 10.1007/s00191-020-00706-3
Abstract: This paper looks at the different strategies that two of the tire industry’s most prominent players, Pirelli and Michelin, deployed to exploit a radical process innovation: robotized, modular manufacturing. This paper argues that Pirelli, originally… read more here.
Keywords: knowledge integration; integration technical; integration capabilities; technical change ... See more keywords
Estimation of technical change and TFP growth based on observable technology shifters
Sign Up to like & getrecommendations! Published in 2019 at "Journal of Productivity Analysis"
DOI: 10.1007/s11123-019-00558-5
Abstract: This paper models and estimates total factor productivity (TFP) growth parametrically. The model is a generalization of the traditional production function model where technology is represented by a time trend. It decomposes TFP growth into… read more here.
Keywords: technology; technical change; tfp growth; growth ... See more keywords
Measuring the bias of technical change of industrial energy and environment productivity in China: a global DEA-Malmquist productivity approach
Sign Up to like & getrecommendations! Published in 2021 at "Environmental Science and Pollution Research"
DOI: 10.1007/s11356-021-13128-w
Abstract: Thanks to the booming industry, China has made a huge economic achievement during the past several decades. However, it is suffering severe environmental and sustainable problems now. To find a sustainable development path, it is… read more here.
Keywords: energy environment; energy; productivity; technical change ... See more keywords
Carbon emission intensity and biased technical change in China’s different regions: a novel multidimensional decomposition approach
Sign Up to like & getrecommendations! Published in 2022 at "Environmental Science and Pollution Research"
DOI: 10.1007/s11356-021-18098-7
Abstract: The decomposition analysis has been employed to discover the driving factors of carbon emission intensity, but the current studies assume that production functions are under the condition of the neutral technical change. Grounded on biased… read more here.
Keywords: emission intensity; decomposition; carbon emission; technical change ... See more keywords
Estimation of technical change: Direct semi/nonparametric approaches
Sign Up to like & getrecommendations! Published in 2021 at "Economics Letters"
DOI: 10.1016/j.econlet.2021.109734
Abstract: Abstract This paper introduces some novel approaches to formulate and estimate technical change (TC) nonparametrically in a variety of cases without estimating the underlying production technology that is usually specified by a production, cost or… read more here.
Keywords: change; estimation technical; direct semi; change direct ... See more keywords
Technical change in U.S. industries
Sign Up to like & getrecommendations! Published in 2020 at "Economic Modelling"
DOI: 10.1016/j.econmod.2019.12.001
Abstract: We use the normalized quadratic cost function, introduced by Diewert and Wales (1987),to measure and analyze the rate and biases of technical change at the sectoral level in eleven major U.S. industries - manufacturing, construction,… read more here.
Keywords: change industries; technical change; finance;
A paler shade of green : Environmental policy under induced technical change
Sign Up to like & getrecommendations! Published in 2017 at "European Economic Review"
DOI: 10.1016/j.euroecorev.2017.01.002
Abstract: Conventional wisdom argues that environmental policy is less costly if it induces the development of cleaner technologies. In contrast to this argument, we show that once the second-best nature of actual economies is taken into… read more here.
Keywords: policy; technical change; environmental policy; induced technical ... See more keywords
A non-scale-directed technical change model with endogenous labor share
Sign Up to like & getrecommendations! Published in 2020 at "Applied Economics"
DOI: 10.1080/00036846.2020.1795073
Abstract: ABSTRACT We extend a directed technical change (DTC) model without scale effects that allows labour share to vary over time. By decomposing the labour share by sectors, skilled and unskilled, and, in line with the… read more here.
Keywords: share; labour share; model; technical change ... See more keywords
Network-Biased Technical Change: How Modern Digital Collaboration Tools Overcome Some Biases but Exacerbate Others
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DOI: 10.1287/orsc.2020.1368
Abstract: Using three years’ data from more than 1,000 employees at a large professional services firm, we find that adopting an expertise search tool improves employee work performance in billable revenue, ... read more here.
Keywords: change modern; technical change; modern digital; biased technical ... See more keywords
Investment Behavior Related to Automated Machines and Biased Technical Change: Based on Evidence From Listed Manufacturing Companies in China
Sign Up to like & getrecommendations! Published in 2022 at "Frontiers in Psychology"
DOI: 10.3389/fpsyg.2022.874820
Abstract: This paper studies the impact of a recent increase in the ratio of automated machines to ordinary capital (RAMOC) on the bias of technical change in the manufacturing industry and the mechanism influencing this. Using… read more here.
Keywords: change; automated machines; manufacturing industry; capital ... See more keywords