search query: @author Roberts, J. / total: 36
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Author: | Francois, P. Roberts, J. |
Title: | Contracting productivity growth |
Journal: | Review of Economic Studies
2003 : JAN, VOL. 70:1(242), p. 59-85 |
Index terms: | Production Innovation Productivity Contracts Information technology |
Language: | eng |
Abstract: | The authors analyse the interactions between growth and the contracting environment in production. With incompleteness in contracting, viable production relationships between firms and workers, and therefore the profitability of industries, depend on the rates of innovation and growth. The speed at which new innovations arrive in turn depends on the profitability of production, for the usual reasons examined in the endogenous growth literature. In particular, the authors demonstrate that a technological shock can, through this interaction, |
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