The diffusion of distributed energy producing systems relying on renewable sources poses a challenge to policy-makers, grid operators, and power generating companies in the electricity industry. One such case may be the diffusion of distributed storage systems integrated with photovoltaic units owned by households. On the one hand, they may act as a buffer and […]
We study the relation between income distribution and growth mediated by structural changes on the demand and supply side. Using results from a multi-sector growth model we compare two growth regimes which differ in three aspects: labour relations, competition, and consumption patterns. Regime one, similar to Fordism, is assumed to be relatively less unequal, more […]
We study the relation between variety, market concentration, and economic growth, along different phases of economic development which entail a number of changes to the structure of production and consumption in the economy. We focus on three aspects of structural change, which are connected and are correlated to variety, market concentration, and economic growth: (i) […]
