Structural Transformation, Industrialization, and Technological Change in Developing Asia: What Does the Empirical Evidence Show?

2012 ◽  
pp. 83-156
Author(s):  
Jesus Felipe
Keyword(s):  
Technological Change ◽  
Empirical Evidence ◽  
Structural Transformation

Consumer Preference for the Latest Technological Offering

2014 ◽  
pp. 93-107
Author(s):  
Derrick S. Boone Sr.
Keyword(s):  
Technological Change ◽  
Empirical Evidence ◽  
Consumer Preference ◽  
Future Generation ◽  
Technological Advance ◽  
Relative Advantage ◽  
High Tech ◽  
Purchase Decisions ◽  
Expectation Formation ◽  
Price Decline

Prior research has shown that when making high tech purchase decisions, consumers consider not only the relative advantage afforded by currently available products, but also the relative advantage expected from future generation products. Additionally, empirical evidence suggests that prices for high tech products often decline faster than the technology advances. This chapter takes both these findings into account and investigates the antecedents of expectation formation and how consumer purchase decisions for high- and low-tech products are impacted by asymmetrical rates of technological advance and price decline. Although consumers generally prefer the latest technological generation of a product, level of technological sophistication (high- vs. low-tech), rate of technological change and price decline, and expectations regarding future product introductions, based on familiarity with past product introductions, were found to moderate the effect of technological generation on preference.

On the Squeezing of the Middle Class: Overview and Prospects for the EU-15

2020 ◽  
Vol 28 (2) ◽  
pp. 325-342
Author(s):  
Olga Salido ◽  
Julio Carabaña
Keyword(s):  
Income Inequality ◽  
Middle Class ◽  
Technological Change ◽  
Empirical Evidence ◽  
Member States ◽  
Middle Classes ◽  
Income Share ◽  
Empirical Results ◽  
The Past ◽  
The Eu

This article was inspired by Atkinson and Brandolini’s work on the economic middle classes and deals with the evolution of the income share of the middle class compared with that of the extreme classes in the EU-15 (the EU’s first 15 member states) over the last two decades. Our research draws on the paradox of the EU officially assuming dominant ideas about rising inequalities and the squeezing of middle-class income produced by globalization and technological change while at the same time producing and disseminating empirical evidence contrary to this view. We first synthesize this evidence, also contributing some additional analyses of Eurostat data, confirming that the income share of the middle class has not changed in the past two decades, as could be expected from the invariance in income inequality. We finally put forward some considerations about the theoretical implications of these empirical results and the interaction between ideas and empirical evidence in political societies and organizations.

Consumer Purchase Decisions Under Asymmetrical Rates of Technological Advance and Price Decline

2012 ◽  
Vol 3 (2) ◽  
pp. 20-30 ◽  
Author(s):  
Derrick S. Boone
Keyword(s):  
Technological Change ◽  
Empirical Evidence ◽  
Future Generation ◽  
Technological Advance ◽  
Relative Advantage ◽  
High Tech ◽  
Purchase Decisions ◽  
Product Level ◽  
Price Decline ◽  
Technology Advances

Prior research has shown that when making high tech purchase decisions, consumers consider not only the relative advantage afforded by currently available products, but also the relative advantage expected from future generation products. Additionally, empirical evidence suggests that prices for high tech products often decline faster than the technology advances. This research takes both these findings into account and investigates consumer purchase decisions for high and low tech products under asymmetrical rates of technological advance and price decline. Although consumers generally prefer the latest technological generation of a product, level of technological sophistication (high vs. low tech), rate of technological change and price decline, and expectations regarding future product introductions were found to moderate the effect of technological generation on preference.

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