Production, unemployment and wage flexibility in an ICT-assisted economy: A model
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Romer, Paul M, 1986.
"Increasing Returns and Long-run Growth,"
Journal of Political Economy, University of Chicago Press, vol. 94(5), pages 1002-1037, October.
- Paul M Romer, 1999. "Increasing Returns and Long-Run Growth," Levine's Working Paper Archive 2232, David K. Levine.
- N. Gregory Mankiw, 1985. "Small Menu Costs and Large Business Cycles: A Macroeconomic Model of Monopoly," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 100(2), pages 529-538.
- Aghion, Philippe & Howitt, Peter, 1992.
"A Model of Growth through Creative Destruction,"
Econometrica, Econometric Society, vol. 60(2), pages 323-351, March.
- Aghion, P. & Howitt, P., 1989. "A Model Of Growth Through Creative Destruction," University of Western Ontario, Departmental Research Report Series 8904, University of Western Ontario, Department of Economics.
- Aghion, Philippe & Howitt, Peter, 1992. "A Model of Growth Through Creative Destruction," Scholarly Articles 12490578, Harvard University Department of Economics.
- Aghion, P. & Howitt, P., 1990. "A Model Of Growth Through Creative Destruction," DELTA Working Papers 90-12, DELTA (Ecole normale supérieure).
- Philippe Aghion & Peter Howitt, 1990. "A Model of Growth Through Creative Destruction," NBER Working Papers 3223, National Bureau of Economic Research, Inc.
- Aghion, P. & Howitt, P., 1989. "A Model Of Growth Through Creative Destruction," Working papers 527, Massachusetts Institute of Technology (MIT), Department of Economics.
- Gene M. Grossman & Elhanan Helpman, 1994.
"Endogenous Innovation in the Theory of Growth,"
Journal of Economic Perspectives, American Economic Association, vol. 8(1), pages 23-44, Winter.
- Grossman, Gene M. & Helpman, Elhanan, 1993. "Endogenous Innovation in the Theory of Growth," Foerder Institute for Economic Research Working Papers 275579, Tel-Aviv University > Foerder Institute for Economic Research.
- Grossman, G.M. & Helpman, E., 1993. "Endogenous, Innovation in the Theory of Growth," Papers 165, Princeton, Woodrow Wilson School - Public and International Affairs.
- Gene M. Grossman & Elhanan Helpman, 1993. "Endogenous Innovation in the Theory of Growth," NBER Working Papers 4527, National Bureau of Economic Research, Inc.
- repec:bla:reviec:v:10:y:2002:i:3:p:539-55 is not listed on IDEAS
- Nicholas Crafts, 2004.
"Steam as a general purpose technology: A growth accounting perspective,"
Economic Journal, Royal Economic Society, vol. 114(495), pages 338-351, April.
- Crafts, Nicholas, 2003. "Steam as a general purpose technology: a growth accounting perspective," Economic History Working Papers 22354, London School of Economics and Political Science, Department of Economic History.
- Morroni,Mario, 1992. "Production Process and Technical Change," Cambridge Books, Cambridge University Press, number 9780521410014, January.
- Layard, Richard & Nickell, Stephen & Jackman, Richard, 2005.
"Unemployment: Macroeconomic Performance and the Labour Market,"
OUP Catalogue,
Oxford University Press, number 9780199279173.
- Layard, Richard & Nickell, Stephen & Jackman, Richard, 1991. "Unemployment: Macroeconomic Performance and the Labour Market," OUP Catalogue, Oxford University Press, number 9780198284345.
- Robert M. Solow, 1994. "Perspectives on Growth Theory," Journal of Economic Perspectives, American Economic Association, vol. 8(1), pages 45-54, Winter.
- Salop, Steven C, 1979. "A Model of the Natural Rate of Unemployment," American Economic Review, American Economic Association, vol. 69(1), pages 117-125, March.
- Dixit, Avinash, 1980.
"The Role of Investment in Entry-Deterrence,"
Economic Journal, Royal Economic Society, vol. 90(357), pages 95-106, March.
- Dixit, Avinash, 1979. "The Role of Investment in Entry-Deterrence," The Warwick Economics Research Paper Series (TWERPS) 140, University of Warwick, Department of Economics.
- Dixit, Avinash, 1979. "The Role Of Investment In Entry-Deterrence," Economic Research Papers 269038, University of Warwick - Department of Economics.
- Joseph E. Stiglitz, 1974.
"Alternative Theories of Wage Determination and Unemployment in LDC's: The Labor Turnover Model,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 88(2), pages 194-227.
- Joseph E. Stiglitz, 1972. "Alternative Theories of Wage Determination and Unemployment in L.D.C.'s: I. The Labor Turn-Over Model," Cowles Foundation Discussion Papers 335, Cowles Foundation for Research in Economics, Yale University.
- Olivier Blanchard & Lawrence F. Katz, 1997.
"What We Know and Do Not Know about the Natural Rate of Unemployment,"
Journal of Economic Perspectives, American Economic Association, vol. 11(1), pages 51-72, Winter.
- Blanchard, O & Katz, L, 1996. "What We Know and Do Not Know about the Natural Rate of Unemployment," Working papers 96-29, Massachusetts Institute of Technology (MIT), Department of Economics.
- Olivier Blanchard & Lawrence F. Katz, 1996. "What We Know and Do Not Know About the Natural Rate of Unemployment," NBER Working Papers 5822, National Bureau of Economic Research, Inc.
- Paul Nightingale & Tim Brady & Andrew Davies & Jeremy Hall, 2003. "Capacity utilization revisited: software, control and the growth of large technical systems," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 12(3), pages 477-517, June.
- Paul M. Sweezy, 1939. "Demand Under Conditions of Oligopoly," Journal of Political Economy, University of Chicago Press, vol. 47(4), pages 568-568.
- Maskin, Eric & Tirole, Jean, 1988. "A Theory of Dynamic Oligopoly, II: Price Competition, Kinked Demand Curves, and Edgeworth Cycles," Econometrica, Econometric Society, vol. 56(3), pages 571-599, May.
- Lawrence F. Katz, 1986.
"Efficiency Wage Theories: A Partial Evaluation,"
NBER Chapters, in: NBER Macroeconomics Annual 1986, Volume 1, pages 235-290,
National Bureau of Economic Research, Inc.
- Lawrence F. Katz, 1986. "Efficiency Wage Theories: A Partial Evaluation," NBER Working Papers 1906, National Bureau of Economic Research, Inc.
- Nicholas Georgescu-Roegen, 1969. "Process in Farming Versus Process in Manufacturing: A Problem of Balanced Development," International Economic Association Series, in: Ugo Papi & Charles Nunn (ed.), Economic Problems of Agriculture in Industrial Societies, chapter 0, pages 497-533, Palgrave Macmillan.
- Davidson, Paul, 1998. "Post Keynesian Employment Analysis and the Macroeconomics of OECD Unemployment," Economic Journal, Royal Economic Society, vol. 108(448), pages 817-831, May.
- Romer, Paul M, 1990.
"Endogenous Technological Change,"
Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 71-102, October.
- Paul Romer, 1989. "Endogenous Technological Change," NBER Working Papers 3210, National Bureau of Economic Research, Inc.
- Paul M Romer, 1999. "Endogenous Technological Change," Levine's Working Paper Archive 2135, David K. Levine.
- Betancourt,Roger R. & Clague,Christopher K., 2008. "Capital Utilization," Cambridge Books, Cambridge University Press, number 9780521070287, January.
- Robert F. Owen & David Ulph, 2002. "Sunk Costs, Market Access, Economic Integration, and Welfare," Review of International Economics, Wiley Blackwell, vol. 10(3), pages 539-555, August.
- Weiss, Andrew W, 1980. "Job Queues and Layoffs in Labor Markets with Flexible Wages," Journal of Political Economy, University of Chicago Press, vol. 88(3), pages 526-538, June.
- Marini, Giovanni & Pannone, Andrea, 2007. "Capital and capacity utilization revisited: A theory for ICT-assisted production systems," Structural Change and Economic Dynamics, Elsevier, vol. 18(2), pages 231-248, June.
- Ehud Kalai & Mark A. Satterthwaite, 1986. "The Kinked Demand Curve," Discussion Papers 677, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Bean, Charles R, 1994.
"European Unemployment: A Survey,"
Journal of Economic Literature, American Economic Association, vol. 32(2), pages 573-619, June.
- C Bean, 1992. "European Unemployment: A Survey," CEP Discussion Papers dp0071, Centre for Economic Performance, LSE.
- Luís M. B. Cabral & Thomas W. Ross, 2008.
"Are Sunk Costs a Barrier to Entry?,"
Journal of Economics & Management Strategy, Wiley Blackwell, vol. 17(1), pages 97-112, March.
- Luis M.B. Cabral & Thomas Ross, 2006. "Are Sunk Costs A Barrier To Entry?," Working Papers 06-09, New York University, Leonard N. Stern School of Business, Department of Economics.
- Cabral, Luis & Ross, Thomas, 2007. "Are Sunk Costs a Barrier to Entry?," CEPR Discussion Papers 6162, C.E.P.R. Discussion Papers.
- Luís Cabral & Thomas Ross, 2007. "Are Sunk Costs a Barrier to Entry?," Working Papers 19, Portuguese Competition Authority.
- A. Michael Spence, 1977. "Entry, Capacity, Investment and Oligopolistic Pricing," Bell Journal of Economics, The RAND Corporation, vol. 8(2), pages 534-544, Autumn.
- Barro, Robert J & Grossman, Herschel I, 1971. "A General Disequilibrium Model of Income and Employment," American Economic Review, American Economic Association, vol. 61(1), pages 82-93, March.
- Georgescu-Roegen, Nicholas, 1970. "The Economics of Production," American Economic Review, American Economic Association, vol. 60(2), pages 1-9, May.
- Amendola, Mario & Gaffard, Jean-Luc, 1998.
"Out of Equilibrium,"
OUP Catalogue,
Oxford University Press, number 9780198293804.
- Mario Amendola & Jean-Luc Gaffard, 1998. "Out of equilibrium," Post-Print halshs-00420523, HAL.
- James Tobin, 1993.
"Price Flexibility and Output Stability: An Old Keynesian View,"
Journal of Economic Perspectives, American Economic Association, vol. 7(1), pages 45-65, Winter.
- James Tobin, 1991. "Price Flexibility and Output Stability: An Old Keynesian View," Cowles Foundation Discussion Papers 994R, Cowles Foundation for Research in Economics, Yale University, revised Sep 1991.
- Richard A. Miller, 2000. "Ten Cheaper Spades: Production Theory and Cost Curves in the Short Run," The Journal of Economic Education, Taylor & Francis Journals, vol. 31(2), pages 119-130, June.
- Giovanni Marini & Andrea Pannone, 1998. "Network Production, Efficiency And Technological Options: Toward A New Dynamic Theory Of Telecommunications," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 7(3), pages 177-201.
- Scazzieri, Roberto, 1993. "A Theory of Production: Tasks, Processes, and Technical Practices," OUP Catalogue, Oxford University Press, number 9780198283737.
- Bhaskar, V., 1988. "The kinked demand curve: A game-theoretic approach," International Journal of Industrial Organization, Elsevier, vol. 6(3), pages 373-384.
- Shapiro, Carl & Stiglitz, Joseph E, 1984. "Equilibrium Unemployment as a Worker Discipline Device," American Economic Review, American Economic Association, vol. 74(3), pages 433-444, June.
- Marcella Corsi & Alessandro Roncaglia, 2002. "The employment issue in the European Union," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 25(1), pages 141-159.
- Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Fabio Aricó, 2003. "Growth and Unemployment: Towards a Theoretical Integration," Journal of Economic Surveys, Wiley Blackwell, vol. 17(3), pages 419-455, July.
- Thompson, Peter, 2010. "Learning by Doing," Handbook of the Economics of Innovation, in: Bronwyn H. Hall & Nathan Rosenberg (ed.), Handbook of the Economics of Innovation, edition 1, volume 1, chapter 0, pages 429-476, Elsevier.
- Robin Boadway & Jean-François Tremblay, 2003. "Public Economics and Startup Entrepreneurs," CESifo Working Paper Series 877, CESifo.
- Uwe Walz, 1997. "Dynamic Effects of Economic Integration: A Survey," Open Economies Review, Springer, vol. 8(3), pages 309-326, July.
- Valentinyi, Ákos, 1995. "Endogén növekedéselmélet. Áttekintés [Endogeneous theory of growth: a review]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(6), pages 582-594.
- Schreiner, Lena & Madlener, Reinhard, 2022.
"Investing in power grid infrastructure as a flexibility option: A DSGE assessment for Germany,"
Energy Economics, Elsevier, vol. 107(C).
- Schreiner, Lena & Madlener, Reinhard, 2019. "Investing in power grid infrastructure as a flexibility option: A DSGE assessment for Germany," FCN Working Papers 11/2019, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN), revised 01 Apr 2020.
- Pozzolo, Alberto Franco, 2004. "Endogenous Growth in Open Economies - A Survey of Major Results," Economics & Statistics Discussion Papers esdp04020, University of Molise, Department of Economics.
- Turnovsky, S., 2000.
"Growth in an Open Economy: some Recent Developments,"
Papers
5, Warwick - Development Economics Research Centre.
- Stephen J. Turnovsky, 2000. "Growth in an open economy: some recent developments," Working Paper Research 05, National Bank of Belgium.
- Stephen Turnovsky, 2000. "Growth in an Open Economy: Some Recent Developments," Working Papers 0015, University of Washington, Department of Economics.
- Stephen Turnovsky, 2000. "Growth in an Open Economy: Some Recent Developments," Discussion Papers in Economics at the University of Washington 0015, Department of Economics at the University of Washington.
- Marini, Giovanni & Pannone, Andrea, 2007. "Capital and capacity utilization revisited: A theory for ICT-assisted production systems," Structural Change and Economic Dynamics, Elsevier, vol. 18(2), pages 231-248, June.
- Iancu, Aurel, 2009. "Real Economic Convergence," Working Papers of National Institute for Economic Research 090104, Institutul National de Cercetari Economice (INCE).
- Jeon, Heesang, 2015. "Knowledge and Contemporary Capitalism in Light of Marx's Value Theory," Thesis Commons g5njk, Center for Open Science.
- repec:ebl:ecbull:v:2:y:2002:i:1:p:1-15 is not listed on IDEAS
- Ponticelli, Jacopo & Bustos, Paula & Castro-Vincenzi, Juan & Monras, Joan, 2018.
"Industrialization without Innovation,"
CEPR Discussion Papers
13379, C.E.P.R. Discussion Papers.
- Paula Bustos & Juan Manuel Castro-Vincenzi & Joan Monras & Jacopo Ponticelli, 2019. "Industrialization without Innovation," NBER Working Papers 25871, National Bureau of Economic Research, Inc.
- Joan Monràs & Jacopo Ponticelli & Paula Bustos, 2024. "Industrialization without Innovation," Working Papers 1444, Barcelona School of Economics.
- Paula Bustos & Juanma Castro-Vincenzi & Joan Monràs & Jacopo Ponticelli, 2023. "Industrialization without innovation," Economics Working Papers 1888, Department of Economics and Business, Universitat Pompeu Fabra.
- Gene M. Grossman & Elhanan Helpman, 1994.
"Endogenous Innovation in the Theory of Growth,"
Journal of Economic Perspectives, American Economic Association, vol. 8(1), pages 23-44, Winter.
- Grossman, Gene M. & Helpman, Elhanan, 1993. "Endogenous Innovation in the Theory of Growth," Foerder Institute for Economic Research Working Papers 275579, Tel-Aviv University > Foerder Institute for Economic Research.
- Gene M. Grossman & Elhanan Helpman, 1993. "Endogenous Innovation in the Theory of Growth," NBER Working Papers 4527, National Bureau of Economic Research, Inc.
- Grossman, G.M. & Helpman, E., 1993. "Endogenous, Innovation in the Theory of Growth," Papers 165, Princeton, Woodrow Wilson School - Public and International Affairs.
- Smolny, Werner & Schneeweis, Thomas Robert, 1996. "Das Ifo-Unternehmenspanel 1980 - 92: Einige Ergebnisse einer Verknüpfung der Umfragen des Ifo-Instituts," Discussion Papers 32, University of Konstanz, Center for International Labor Economics (CILE).
- Martin Zagler & Georg Dürnecker, 2003. "Fiscal Policy and Economic Growth," Journal of Economic Surveys, Wiley Blackwell, vol. 17(3), pages 397-418, July.
- Michael Peneder & Karl Aiginger & Gernot Hutschenreiter & Markus Marterbauer, 2001. "Structural Change and Economic Growth," WIFO Studies, WIFO, number 20668.
- Boldrin, Michele & Levine, David K., 2008.
"Perfectly competitive innovation,"
Journal of Monetary Economics, Elsevier, vol. 55(3), pages 435-453, April.
- Michele Boldrin & David K Levine, 2000. "Perfectly Competitive Innovation," Levine's Working Paper Archive 1996, David K. Levine.
- Boldrin, Michele & Levine, David K., 2002. "Perfectly Competitive Innovation," CEPR Discussion Papers 3274, C.E.P.R. Discussion Papers.
- Michele Boldrin & David K Levine, 2006. "Perfectly Competitive Innovation," Levine's Working Paper Archive 618897000000000954, David K. Levine.
- Michele Boldrin & David K. Levine, 2002. "Perfectly competitive innovation," Staff Report 303, Federal Reserve Bank of Minneapolis.
- Michele Boldrin & David K Levine, 2002. "Perfectly Competitive Innovation," Levine's Working Paper Archive 625018000000000192, David K. Levine.
- Soogwan Doh & Connie McNeely, 2012. "A multi-dimensional perspective on social capital and economic development: an exploratory analysis," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 49(3), pages 821-843, December.
- Chung‐Cheng Lin & Ching‐Chong Lai, 1998. "Efficiency Wages, Partial Wage Rigidity, and Money Nonneutrality," Southern Economic Journal, John Wiley & Sons, vol. 65(2), pages 331-340, October.
- Aykut Kibritçioglu, 2002.
"On the Smithian origins of "new" trade and growth theories,"
Economics Bulletin, AccessEcon, vol. 2(1), pages 1-15.
- Aykut Kibritcioglu, "undated". "On The Smithian Origins Of "New" Trade And Growth Theories," Working Papers _001, Ankara University Faculty of Political Sciences.
- Aykut Kibritcioglu, 1997. "On the Smithian Origins of "New" Trade and Growth Theories," International Trade 9711001, University Library of Munich, Germany, revised 04 Feb 2002.
More about this item
Keywords
Unemployment Wage flexibility ICT Production theory Indivisibility Georgescu-Roegen;Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:streco:v:21:y:2010:i:3:p:219-230. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/525148 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.