Technological Dynamics and Social Capability: Comparing U.S. States and European Nations

The Dynamics Of Industrial Technological Capability In Indonesian Economic Development

This paper attempts to understand the structure underlining the weakness of the Indonesian economic development strategy in a systemic perspective. The explanation assumes the importance of industrial technological capability within the framework of the techno-economic structure. The results of a simulated model of techno-economic administration show the weakness of the industrial technological...

Aggregate Risk Sharing Across US States and Across European Countries

The paper analyzes risk sharing across US States and across European countries. The empirical literature on this subject has failed to recognize that, as long as agents can borrow and lend, risk sharing should be measured with respect to shocks to the overall level of wealth, and not to current income. The contribution of this paper is to build an appropriate empirical measure of risk sharing f...

Comparing Social Sharing Norms between US and Europe

We compare the determinants of individual giving between two countries, Spain and the US, which differ in their redistribution policies and their beliefs over the causes of poverty. By varying the information about the determinants of income, we find that, although overall giving is similar in both countries when subjects know the actual role of luck and effort, Spanish subjects give more when ...

Dynamics of Social Factors in Technological Substitutions

Diffusion models of technological innovations are often based on an epidemic structure which has a good fit to historical data but whose communication assumptions lack explanatory power. They assume a simplified decision process, uniform decision criteria across adopter categories, and a fully interconnected social structure. The objective of this paper is to show that the dynamics of social fa...

Innovation and Technological Capability in Indonesia