Catch-up effect definition (Economics): A theory that states that poorer developing economies can grow faster compared to richer economies and that their income levels per person will eventually converge. As such, this is also known as the theory of convergence. Catch-Up Effect Economics: Contribu...
Explain the purpose and effect of "upgauging." Include its effects on both demand and supply (research may be required). State the definition of spillover benefits, give 2 examples. i. Define and explain spillover benefit. ii. Give two example of a spillover benefit situation and ...
Definition of catch-up growth in the Financial Dictionary - by Free online English dictionary and encyclopedia. What is catch-up growth? Meaning of catch-up growth as a finance term. What does catch-up growth mean in finance?
13 Economics of technology cycle time (TCT) and catch‑up by… 337 5 TCT at the firm level and its effect on firm performance 5.1 Firm‑level innovation systems and Schumpeterian theory of the firms While the literature on innovation systems tends to focus on...
of Brazil and Indonesia, 1964–2019 Tobias Axelsson1 · Igor Martins1,2 Accepted: 6 February 2023 / Published online: 17 March 2023 © The Author(s) 2023 Abstract Development economics has long focused on growth patterns to explain countries' ability to catch up and forge ...
If the fund is proved right, by 2013 emerging markets (on the IMF’s definition) will produce more than half of global output, measured at purchasing-power parity (PPP). One sign of a shift in economic power is that investors expect trouble in rich countries but seem confident that crises...
Keun Lee is Distinguished Professor of Seoul National University (economics), a Fellow of the CIFAR (Canada), and an editor of Research Policy. He is the winner of the 2014 Schumpeter Prize for his monograph on Schumpeterian Analysis of Economic Catch-up (2013 Cambridge Univ. Press), and als...
Thus, the definition of climate risk for the U.S. West Coast CPS fleet will not only need to consider exposure (i.e., shifting habitats over fishing grounds), but also limitations to the adaptive capacity of fishing communities in terms of markets and port infrastructure, a similar ...
First, policy is, by definition, dependent on social context. As was clear from our historical review, the social context for prenatal drug exposure changed dramatically in the mid-1980's with the crack epidemic. Social consternation with the high level of use by pregnant women centered on ...
Each of these decisions determines in which of the three above cases we end up. Thus, the guarantee levels change when we change our modeling decision. Apart from these modeling decisions, which take place in the setting of countably additive strategies, we also analyze the effect on the gua...