Endogenous Technological Change Via Industry Lobbying in a Two-sector Overlapping Generations Model
Title | Endogenous Technological Change Via Industry Lobbying in a Two-sector Overlapping Generations Model PDF eBook |
Author | Tugrul Temel |
Publisher | |
Pages | 358 |
Release | 1995 |
Genre | |
ISBN |
On Institutions and Endogenous Technological Change
Title | On Institutions and Endogenous Technological Change PDF eBook |
Author | Tugrul T. Temel |
Publisher | |
Pages | 0 |
Release | 1999 |
Genre | |
ISBN |
This study investigates the effects of lobbying and institutions on the direction of technological change in a two-sector overlapping generations model. Simulation results suggest that in an environment with unbiased institutions producers' rent-seeking activities direct the economy towards a labor-augmenting path, contradicting with the capital-augmenting optimal path. On the contrary, rent-seeking activities within a capital-favoring institutional structure lead to a path along which capital is augmented the most. This result suggests that governmental inefficiencies can, partially, be corrected by appropriate institutional arrangements.
Journal of Economic Literature
Title | Journal of Economic Literature PDF eBook |
Author | |
Publisher | |
Pages | 1284 |
Release | |
Genre | Economics |
ISBN |
A History of Agricultural and Applied Economics at the University of Minnesota, 1979-2000
Title | A History of Agricultural and Applied Economics at the University of Minnesota, 1979-2000 PDF eBook |
Author | W. Burt Sundquist |
Publisher | |
Pages | 104 |
Release | 2001 |
Genre | Agriculture |
ISBN |
Bulletin
Title | Bulletin PDF eBook |
Author | |
Publisher | |
Pages | 656 |
Release | 1995 |
Genre | Agriculture |
ISBN |
American Doctoral Dissertations
Title | American Doctoral Dissertations PDF eBook |
Author | |
Publisher | |
Pages | 800 |
Release | 1994 |
Genre | Dissertation abstracts |
ISBN |
Dissertation Abstracts International
Title | Dissertation Abstracts International PDF eBook |
Author | |
Publisher | |
Pages | 596 |
Release | 1995 |
Genre | Dissertations, Academic |
ISBN |