2004, 1999, English, Article, Working paper edition: On the Evolution of Regional Asymmetries Giovannetti, Emanuele

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Physical Description
  • 251220 bytes, application/​pdf
  • Working Paper
Published
  • 2004-06-16T16:05:54Z
  • 1999-08
Language
  • English

Edition details

Title
  • On the Evolution of Regional Asymmetries
Author
  • Giovannetti, Emanuele
Published
  • 2004-06-16T16:05:54Z
  • 1999-08
Physical Description
  • 251220 bytes, application/​pdf
  • Working Paper
Subjects
Notes
  • The paper models the evolution of regional asymmetries, and the associated intra-distribution mobility, as the outcome of adoption decisions taken by firms at different locations. The following equilibria are characterised: Persistent asymmetry where nobody adopts, Leapfrogging where low-quality firms adopt, Forging ahead where high-quality firms adopt, and Catching up where everybody adopts. The paper studies the impact of economic integration on these equilibria and the evolution of technological asymmetries as well as intra-distribution mobility. In equilibrium, the regional intra-distribution Mobility is described by fluctuations between periods of Leapfrogging, Forging ahead and Catching up.
Language
  • English
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