NO FREE LUNCH
SEMINAR
seminari
di finanza quantitativa
ore 13.00
Scuola Normale
Superiore
Pisa
(Aula Bianchi)
Franco
NARDINI
Università
di Bologna
Terrà un
seminario dal titolo:
“Innovation,
specialization and growth in a model of structural
change”
Abstract
The
aim of this talk is to investigate the nexus between demand patterns and
innovation as it stems from research efforts and the extent of specialization.
In the proposed model an innovation race conducted by entrants investing in
research and development against established incumbents raises productivity at
the industry level and leads to a shift in the aggregate demand pattern and
consequently to a redistribution of the profit fund among industries and a
restructuring of the production process in each industry. The talk argues that
the degree of development as reflected in a demand share distribution is
characterized by a corresponding distribution of specialized sectors that
becomes more even across industries as the development process proceeds and
investigates the consequences in terms of economic
growth.
Tutti gli
interessati sono invitati a partecipare.
Classe
di Scienze