| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP7306 |
| DP7306 Naming & Shaming: The impacts of different regimes on hospital waiting times in England and Wales | |
| Tim Besley; Gwyn Bevan; Konrad Burchardi | |
| 发表日期 | 2009-05-24 |
| 出版年 | 2009 |
| 语种 | 英语 |
| 摘要 | This paper argues that an economy's transition from Malthusian stagnation to modern growth requires markets to reach a critical size, and competition to reach a critical level of intensity. By allowing an economy to produce a greater variety of goods, a larger market makes goods more substitutable, raising the price elasticity of demand, and lowering mark-ups. Firms must then become larger to break even, which facilitates amortizing the fixed costs of innovation. We demonstrate our theory in a dynamic general equilibrium model calibrated to England's long-run development and explore how various factors affect the timing of takeoff. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Competition Industrial revolution Innovation Market revolution Unified growth theory |
| URL | https://cepr.org/publications/dp7306 |
| 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/536142 |
| 推荐引用方式 GB/T 7714 | Tim Besley,Gwyn Bevan,Konrad Burchardi. DP7306 Naming & Shaming: The impacts of different regimes on hospital waiting times in England and Wales. 2009. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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