Journal of Evolutionary Economics最新文献_第2页

Creative evolution in economics 经济学中的创造性演变

IF 1.8 4区经济学

Journal of Evolutionary Economics Pub Date : 2024-04-29 DOI: 10.1007/s00191-024-00855-9

Abigail Devereaux, Roger Koppl, Stuart Kauffman

引用次数: 0

Venture capital investments in artificial intelligence 人工智能领域的风险投资

IF 1.8 4区经济学

Journal of Evolutionary Economics Pub Date : 2024-04-16 DOI: 10.1007/s00191-024-00857-7

Benedetta Montanaro, Annalisa Croce, Elisa Ughetto

引用次数: 0

Creativity, well-being, and economic development: An evolutionary approach 创造力、福祉和经济发展：进化论方法

IF 1.8 4区经济学

Journal of Evolutionary Economics Pub Date : 2024-04-11 DOI: 10.1007/s00191-024-00858-6

Maurizio Pugno

引用次数: 0

Robot revolution and human capital accumulation: implications for growth and labour income 机器人革命与人力资本积累：对经济增长和劳动收入的影响

IF 1.8 4区经济学

Journal of Evolutionary Economics Pub Date : 2024-04-01 DOI: 10.1007/s00191-024-00854-w

Thanh Le, Huong Quynh Nguyen, Mai Vu

{"title":"Robot revolution and human capital accumulation: implications for growth and labour income","authors":"Thanh Le, Huong Quynh Nguyen, Mai Vu","doi":"10.1007/s00191-024-00854-w","DOIUrl":"https://doi.org/10.1007/s00191-024-00854-w","url":null,"abstract":"<p>We develop a model of endogenous growth with automation to study the impact of industrial robots on growth and labour income. We incorporate human capital accumulation into that framework to examine the role of human capital in sustaining growth without displacing low-skilled labour. While automation replaces low-skilled labour with industrial robots in conducting routine tasks, horizontal innovation creates new varieties in which low-skilled labour has an employment advantage. Labour-augmenting technology takes place to improve productivity of low-skilled labour. As such, those latter types of innovation help counterbalance the adverse effect of automation on low-skilled labour. Human capital, the essential production factor that takes part in every economic activity, including conducting non-routine tasks, accumulates over time through education and training. We show that there exists a long-run equilibrium at which either robots or low-skilled workers are employed, together with human capital, to produce varieties. In the fully endogenous model, final output grows at the rate of human capital accumulation. An improvement in the quality of education and training leads to an acceleration of both automation and variety expansion, but not human capital growth. Our numerical exercise indicates that a permanent increase in automation entails a permanent impact on the range of automated varieties, long-run output level and human capital wage. The shock lowers long-run growth and low-skilled workers’ wage and their effective income share. However, it has no effect on the effective income share of human capital.</p>","PeriodicalId":47757,"journal":{"name":"Journal of Evolutionary Economics","volume":"152 1","pages":""},"PeriodicalIF":1.8,"publicationDate":"2024-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140564457","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The impact of environmental regulation on innovation and international competitiveness 环境监管对创新和国际竞争力的影响

IF 1.8 4区经济学

Journal of Evolutionary Economics Pub Date : 2024-03-20 DOI: 10.1007/s00191-024-00852-y

{"title":"The impact of environmental regulation on innovation and international competitiveness","authors":"","doi":"10.1007/s00191-024-00852-y","DOIUrl":"https://doi.org/10.1007/s00191-024-00852-y","url":null,"abstract":"<h3>Abstract</h3> <p>The purpose of this paper is to analyze the impact of environmental regulation on innovation and international competitiveness. We test the weak, narrow, and strong versions of Porter's hypotheses by looking at the impact of environmental regulation on exports both directly and indirectly through innovation and by introducing the role of pollution intensity in moderating the impact of stringent regulation on innovation and international competitiveness. Green policies are measured with the OECD Environmental Stringency Policy Index, distinguishing between market, non-market instruments, and technology support policies. Differently from previous papers, we adopt the technology gap approach to trade, which is suitable for relating environmental regulation to trade competitiveness and we apply the simultaneous-equation system econometric model with a moderating factor represented by pollution intensity. The results support the weak and strong versions of Porter’s hypotheses and find that the positive impact of regulation on innovation and exports increases with a country’s pollution intensity, suggesting that green policies, if properly coordinated, can represent a win–win strategy, fostering, at the same time, sustainability and international competitiveness.</p>","PeriodicalId":47757,"journal":{"name":"Journal of Evolutionary Economics","volume":"25 1","pages":""},"PeriodicalIF":1.8,"publicationDate":"2024-03-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140201977","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Heterogeneity in household consumption behavior: The role of inequality and financial instability 家庭消费行为的异质性：不平等和金融不稳定的作用

IF 1.8 4区经济学

Journal of Evolutionary Economics Pub Date : 2024-03-07 DOI: 10.1007/s00191-024-00853-x

Juan Laborda, Cristina Suárez

{"title":"Heterogeneity in household consumption behavior: The role of inequality and financial instability","authors":"Juan Laborda, Cristina Suárez","doi":"10.1007/s00191-024-00853-x","DOIUrl":"https://doi.org/10.1007/s00191-024-00853-x","url":null,"abstract":"<p>We analyze, using the micro data of the Household Financial Survey (HFS) of the Bank of Spain, the consumption consequences of the household balance sheets and debt accumulation during the real estate bubble of 2002–2005, the Great Recession (2008–2011) and the subsequent economic recovery phase (2014–2017). Using quantile regression models, we find heterogeneity in household consumption behavior with respect to income and net worth levels, and in response to changes in household net worth in the last two periods. During the considered real estate bubble period, this heterogeneity in behavior is diminished, and only occurs in relation to the level of net wealth, in line with Hyman Minsky’s Paradox of Tranquility. These findings favor the post-Keynesian theory on consumption. The greater inequality leads to a higher propensity of certain households to consume in response to changes in housing and financial net worth. This is compatible with the relative income hypothesis extended in expenditure cascades models. Otherwise, households will be willing to take on more risk during economic boom periods associated with a real estate bubble, which translates into debt-financed consumption that virtually makes such heterogeneity practically disappear.</p>","PeriodicalId":47757,"journal":{"name":"Journal of Evolutionary Economics","volume":"60 1","pages":""},"PeriodicalIF":1.8,"publicationDate":"2024-03-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140054447","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Is Hydrogen a green bubble? 氢气是绿色泡沫吗？

IF 1.8 4区经济学

Journal of Evolutionary Economics Pub Date : 2024-03-06 DOI: 10.1007/s00191-024-00848-8

Christian Sandström, Evan Eskilson

引用次数: 0

Productivity dynamics of work from home: Firm-level evidence from Japan 在家工作的生产力动态：日本企业层面的证据

IF 1.8 4区经济学

Journal of Evolutionary Economics Pub Date : 2024-02-29 DOI: 10.1007/s00191-024-00849-7

Masayuki Morikawa

引用次数: 0

Economics of technology cycle time (TCT) and catch-up by latecomers: Micro-, meso-, and macro-analyses and implications 技术周期（TCT）和后来者追赶的经济学：微观、中观和宏观分析及影响

IF 1.8 4区经济学

Journal of Evolutionary Economics Pub Date : 2024-02-09 DOI: 10.1007/s00191-024-00847-9

Keun Lee

{"title":"Economics of technology cycle time (TCT) and catch-up by latecomers: Micro-, meso-, and macro-analyses and implications","authors":"Keun Lee","doi":"10.1007/s00191-024-00847-9","DOIUrl":"https://doi.org/10.1007/s00191-024-00847-9","url":null,"abstract":"<p>This paper provides an analytical review of the literature on the role of technology cycle time (TCT) in the catching-up process of latecomers at the firm, sectoral, and national levels. At the national level, latecomer economies follow a detour that consists of economic growth through specialization in short-TCT sectors during the catching-up phase, followed by a shift to long-TCT sectors in the post-catching-up phase. The paper then discusses the double-edged nature of TCT at the sectoral level, such that short TCT can either be a window of opportunity associated with the rapid obsolescence of existing technologies and thus low entry barriers, or another source of difficulty associated with the truncation of learning from existing technologies. Only latecomers with a certain absorptive capacity can benefit from short TCT as a window of opportunity. Finally, at the firm level, this paper discusses the issue of possible convergence in the behavior of catching-up firms towards those of mature firms in advanced economies. At all three levels, the keywords are detours and convergence. Given the barriers to entry in long-TCT sectors, latecomers pursue a strategy of detouring into short-TCT sectors. That is, instead of trying to emulate incumbents by entering long-TCT sectors, latecomers take the opposite route. Subsequently, as latecomers improve their capabilities over time, they shift their specialization from short to long TCT sectors, thereby achieving convergence in behavior and strategy at the firm, sectoral, and national levels.</p>","PeriodicalId":47757,"journal":{"name":"Journal of Evolutionary Economics","volume":"22 1","pages":""},"PeriodicalIF":1.8,"publicationDate":"2024-02-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139768601","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Saved by the bell? The effects of compulsory schooling laws on self-employment and earnings in Australia 被钟声拯救？澳大利亚义务教育法对自营职业和收入的影响

IF 1.8 4区经济学

Journal of Evolutionary Economics Pub Date : 2023-12-20 DOI: 10.1007/s00191-023-00846-2

Pankaj C. Patel

引用次数: 0