| 来源类型 | Discussion paper
|
| 规范类型 | 论文
|
| 来源ID | DP1441
|
| DP1441 Competition Policy in Portugal |
| Pedro Barros; José Mata
|
| 发表日期 | 1996-07-31
|
| 出版年 | 1996
|
| 语种 | 英语
|
| 摘要 | This paper analyses the relationship between technological progress, intergenerational earnings mobility, and economic growth. The analysis demonstrates that the interplay between technological progress and two components that determine individual earnings ? parental human capital and individual ability ? governs mobility, technological progress, and economic growth. In periods of major technological inventions the ability effect is the dominating factor. The decline in the relative importance of initial parental conditions (i.e. the driving force behind the persistence of inequality) enhances mobility and generates a larger concentration of high-ability individuals in technologically-advanced sectors, stimulating further technological progress and economic growth. Once existing technologies become more accessible, however, mobility is diminished and inequality becomes more persistent. The reduction in the concentration of human capital in technologically-advanced sectors diminishes the likelihood of major technological breakthroughs and slows down future economic growth. User friendliness, therefore, becomes unfriendly to future economic growth. |
| 主题 | International Macroeconomics
|
| 关键词 | Earnings mobility
Growth
Human capital
Income distribution
Inequality
Overlapping-generations
|
| URL | https://cepr.org/publications/dp1441
|
| 来源智库 | Centre for Economic Policy Research (United Kingdom)
|
| 资源类型 | 智库出版物
|
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/530583
|
推荐引用方式
GB/T 7714 |
Pedro Barros,José Mata. DP1441 Competition Policy in Portugal. 1996.
|
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