作者:Stoneman, P; Kwon, MJ
摘要:In this paper an encompassing model of tile diffusion of new process technologies is used to predict the relationship between firm profitability and the adoption of technology. The model is tested on data relating to a sample of firms in the UK engineering industry over the period 1983-6. The results indicate that non-adopters experience reduced profits as other firms adopt new technologies and that the gross profit gains to adopters of new technology lire related to firm and industry characte...
作者:Bernard, AB; Jones, CI
作者单位:Stanford University
摘要:The empirical convergence literature envisages a world in which the presence or lack of convergence is a function of capital accumulation. This focus ignores a long tradition among economic historians and growth theorists which emphasises technology and the potential for technology transfer. We suggest here that this neglect is an important oversight: simple models which incorporate technology transfer provide a richer framework for thinking about convergence. Empirically, differences in techn...
作者:Teal, F
作者单位:University of Oxford
摘要:The potential sources of rent to labour in a developing country urban labour market are considered in this paper. The data set used enables the relative importance of unions, firm size, profitability, ownership and firm age to be assessed on the basis of cross-section evidence. It is shown that all these factors affect earnings. A panel data based estimation of the importance of the profitability term provides strong support for a rent sharing theory of wage determination in a developing count...