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We study investment and consumption decisions in a dynamic game under learning. To that end, we present a model in which agents not only extract a resource for consumption but also invest in technology to improve the future stock. At the same time, the agents learn about the stochastic process governing the evolution of public capital, including the effect of investment in technology on future stock...
Capital investment, labor input, financial investment and technological progress are factors that affecting the growth of industrial economy. In order to find the different effects on industrial economy, stimulating effects of these factors in east, central and western regions were estimated by using Cobb-Douglas production function. There are regional differences in the effects of the factors mentioned...
In this paper, we analyze the dynamic impacts on energy intensity from energy price, technological progress, and ICT investment changes based on comparable Input-Output table series using translog cost function. We conclude that energy price change has essential impacts on energy intensity. Induced technological progress also can save energy. Along with time going, the investment adjustment will be...
In this paper, We adopt VAR model to estimate the technology sourcing effects of China's ODI on its domestic productivity growth and the contribution of two sources of productivity growth - technological progress and efficiency change, respectively. We examine these with data from China's direct investment in 8 developed countries during 1991 and 2007. We find the ODI to be strongly beneficial to...
This paper presents and estimates the impact of FDI and Export on the productivity of Chinese high-tech Industry. The model is estimated using Industry -level Chinese high-tech Industry data. The results are that foreign direct investment has a positive effective on the technological efficiency and a negative influence to technological progress and the total factor productivity of the Chinese high-tech...
Based on the continuous model, the paper established a discrete model, which is good at showing the impact of environmental protection investment to economic and environment simply. There are three response strategies in the paper: complete elastic response strategy of environmental protection investment, directional elastic response strategy of environmental protection investment and minimum maintain...
By the means of foreign direct investment abroad, establishing new R&D institutions or joint ventures with the advanced enterprises in the developed countries, the enterprises from the developing countries are able to get a positive effect of the reverse technology spillovers from the host country to the home country. The reverse technology spillovers play through three levels followed by firm,...
This paper propose a genetic algorithm (GA) approach as an analytical tool with a carefully defined fitness function as a variable selection algorithm. Discriminant analysis was used as a parameter evaluation method for the analysis of relationship between technology development and employment in China. Results indicate that capital related investment has more influence on employment than human recourse...
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