G2TT
来源类型Discussion paper
规范类型论文
来源IDDP9439
DP9439 Resistance to Technology Adoption: The Rise and Decline of Guilds
Stephen Parente; Klaus Desmet
发表日期2013-04-21
出版年2013
语种英语
摘要This paper analyzes the decision of a group of specialized workers to form a guild and block the adoption of a new technology that does not require their specialized input. The theory predicts an inverted-U relation between guilds and market size: for small markets, firm profits are insufficient to cover the fixed cost of adopting the new technology, and hence, specialized workers have no reason to form guilds; for intermediate sized markets, firm profits are large enough to cover the higher fixed costs, but not large enough to defeat workers? resistance, and so workers form guilds and block adoption; and for large markets, these profits are sufficiently large to overcome worker resistance and so guilds disband and the more productive technology diffuses throughout the economy. We show that this inverted-U relation between guilds and market size predicted by our theory exists in a dataset of Italian guilds from the 14th to the 19th century.
主题Economic History ; International Macroeconomics ; International Trade and Regional Economics
关键词Competition Guilds Market size Resistance to technology Special interest groups Technology adoption
URLhttps://cepr.org/publications/dp9439
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/538275
推荐引用方式
GB/T 7714
Stephen Parente,Klaus Desmet. DP9439 Resistance to Technology Adoption: The Rise and Decline of Guilds. 2013.
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