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  • Learning  (1)
  • Stochastic production frontiers  (1)
  • Springer  (2)
  • 1
    Electronic Resource
    Electronic Resource
    Springer
    Journal of productivity analysis 8 (1997), S. 461-475 
    ISSN: 1573-0441
    Keywords: Stochastic production frontiers ; technical change ; efficiency ; Turkey
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Abstract Technical progress and production efficiency are central to economic growth and international competitiveness. However, these topics received little attention in Less Developed Countries. This study is the first attempt to measure and to understand the extent and importance of technical progress and efficiency in Turkish manufacturing industries. Stochastic production frontiers for Turkish textile, cement, and motor vehicles industries are estimated by using panel data of plants for the years 1987 to 1992. The rate and direction of technical change for each industry are estimated by introducing time-dependent variables in the production function. Sector-specific factors which influence technical efficiency of manufacturing plants are also identified.
    Type of Medium: Electronic Resource
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  • 2
    Electronic Resource
    Electronic Resource
    Springer
    Journal of evolutionary economics 7 (1997), S. 435-457 
    ISSN: 1432-1386
    Keywords: Key words: Evolutionary theory ; Endogeneous growth ; Human capital ; Innovation ; Diffusion ; Learning ; Artificial intelligence ; Microsimulation ; JEL-classification: D21; D83; J24; O12; O15; O31
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Abstract. We analyze the co-evolution of the performances of firms and of the economy in an evolutionary micro-to-macro model of the Swedish economy. The model emphasizes the interactions between human capital (or competences) and technological change at the firm level and their effects on aggregate growth, taking into account the micro-macro feedbacks. The model features learning-by-doing, incremental and radical innovations, user-producer learning at the firm level, and a change in the techno-economic paradigm. We find that there is an optimal sequence for the firm to allocate their resources: (1) build a general human capital stock before the change in the techno-economic paradigm, (2) spend on R&D, and (3) invest in specific human capital. Innovators fare better than imitators on average, not only because they innovate, but also because they build a competence base, which supports the learning from other firms.
    Type of Medium: Electronic Resource
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