Now showing items 1-6 of 6
Long-Term Growth and Persistence with Endogenous Depreciation: Theory and Evidence
(Departamento de Fundamentos dle Análisis Económico I, 2013)
Previous research has shown a strong positive correlation between short-term persistence and long-term output growth as well as between depreciation rates and long-term output growth. This evidence, therefore, contradicts ...
Cost-Saving production technologies and strategic delegation
This work analyzes a managerial delegation model in which firms that produce a differentiated good can choose between two production technologies: a low marginal cost technology and a high marginal cost technology. For ...
Choice of Flexible Production Technologies Under Strategic Delegation
This work analyzes a managerial delegation model in which firms can choose between a flexible production technology which allows them to produce two different products and a dedicated production technology which limits ...
Timing of Wage Setting when Firms Invest in R&D
In this paper, we analyze the effect that the timing of wage setting (i. e. whether wages set sequentially or simultaneously) has on the investment in R&D of firms, when that investment increases the productivity of labor, ...
Foreign Aid Linked to Infrastructure and/or Pollution Abatement
(Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 2014-03)
This paper studies the macroeconomic effects of a permanent increase in foreign aid in a model that takes into account environmental quality. We develop a dynamic equilibrium model in which both public investment in ...
Political Institutions, Technology and Growth: a dynamic panel approach
(Departamento Fundamentos del Ánálisis Económico I UPV/EHU, 2015-10)
This paper investigates whether the effect of political institutions on sectoral economic performance is determined by the level of technological development of industries. Building on previous studies on the linkages among ...