| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP2051 |
| DP2051 The Size and Scope of Government: Comparative Politics With Rational Politicians | |
| Torsten Persson; Guido Tabellini | |
| 发表日期 | 1999-01-31 |
| 出版年 | 1999 |
| 语种 | 英语 |
| 摘要 | Our model studies the evolution of productivity growth in a competitive industry. The exogenous wage rate determines the firms' engagement in labour productivity enhancing process innovation. There is a unique steady state of the industry dynamics, which is globally stable. In the steady state, the number of active firms, their unit labour cost and supply depend on the growth rate but not on the level of the wage rate. In addition to providing comparative statics of the steady state, the paper characterizes the industry's adjustment path. |
| 主题 | Industrial Organization |
| 关键词 | Industry dynamics Process innovation Wages |
| URL | https://cepr.org/publications/dp2051 |
| 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/531176 |
| 推荐引用方式 GB/T 7714 | Torsten Persson,Guido Tabellini. DP2051 The Size and Scope of Government: Comparative Politics With Rational Politicians. 1999. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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