Replacement, adoption and economic dynamics: lessons from a canonical creative destruction model
In: Structural change and economic dynamics, Band 14, Heft 3, S. 339-359
ISSN: 1873-6017
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In: Structural change and economic dynamics, Band 14, Heft 3, S. 339-359
ISSN: 1873-6017
In: Estudios latinoamericanos, Band 24, S. 141-160
ISSN: 0137-3080
Short description:
The article describes recent developments among the Huichol community called Haimatsie (place among the clouds) in the Huichol montains. The article describes the Huichol and describes their socio-cultural background. It describes the history of a program of introducing basic education into their communities, based on the example of a school called Colonia Haimatsie that was built in 1994.
In: International journal of forecasting, Band 39, Heft 3, S. 1253-1271
ISSN: 0169-2070
In: Scottish journal of political economy: the journal of the Scottish Economic Society, Band 57, Heft 5, S. 547-567
ISSN: 1467-9485
We construct optimal growth models where labor resources can be allocated either to production, technology adoption or capital maintenance. We first characterize the balanced growth paths of a benchmark model without maintenance. Then we introduce maintenance activity via the depreciation rate of capital. We characterize the optimal allocation of labor across the three activities. Although maintenance deepens the technological gap by diverting labor resources from adoption, we show that it generally increases the long run output level. Moreover, we find that equilibrium maintenance and adoption efforts respond in opposite directions to policy or technology shocks. Finally, we find that the long-term output response to policy shocks is slightly higher in the presence of maintenance. Adapted from the source document.
This article studies the services exchanged in a particular Spanish time bank. Using data from users and transactions, we analyse the users' profile as well as the determinants of providing and receiving different services. Our results show that the representative user is a Spanish female, not married, middle aged, highly educated and unemployed. We also find differences in the personal characteristics driving the supply and demand of services. ; Financial support from the Spanish Government under project ECO2011-29751 by the first author, under project ECO2010-17943 by the second author and under project ECO2012-32854 by the third author is gratefully acknowledged. The first author also acknowledges financial support from Generalitat Valenciana under project PROMETEO/2013/037.
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