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[fre] Cet article cherche à développer une approche endogène de la croissance permettant de mettre en évidence les interactions entre la dynamique macroéconomique et le processus de changement technologique. Nous baserons notre analyse sur deux courants hétérodoxes de la théorie de la...
Persistent link: https://www.econbiz.de/10008608318
We develop in this paper an alternative approach to the New Growth Theory to analyse growth rate differences among integrated economies. The model presented here considers economic growth as a disequilibrium process. It introduces in a cumulative causation framework, micro-founded process of...
Persistent link: https://www.econbiz.de/10008578384
Persistent link: https://www.econbiz.de/10007957088
Persistent link: https://www.econbiz.de/10007448347
The paper develops a multi-sectoral growth model that links a Post-Keynesian macro-framework to an evolutionary modelling of technical change and industrial dynamics. Following Pasinetti 1981 and Verspagen 1993, we assume that sectors are integrated such that the dynamics of each sectors? demand...
Persistent link: https://www.econbiz.de/10011164409
<p> This paper analyses the emergence of sectoral specialisation and its effects on growth rate differences providing an alternative approach to endogenous growth processes. To achieve this, we first investigate the conditions leading to sectoral specialisation as an emergent property from the...</p>
Persistent link: https://www.econbiz.de/10005059424
The paper aims to account for the empirical stylised facts related to changes in sectoral structures that have led to the growth of services in most advanced countries over recent decades. A growth model with evolutionary micro-founded structural change is developed, which formalises the role of...
Persistent link: https://www.econbiz.de/10005765349
The paper contributes to the literature on the relation between structural changes in demand and supply and growth. We develop a macro-economic model with agent-based micro-foundations that articulates the links between production and organisational structures on the supply side, and the...
Persistent link: https://www.econbiz.de/10005824129
This paper proposes to identify the micro-level sources for the dynamic increasing returns occurring at an aggregate level. The paper reverts to a micro model of technological change in-line with the evolutionary literature on industrial dynamics. The data generated through numerical simulations...
Persistent link: https://www.econbiz.de/10005824133
This paper analyses the sectoral specialisation mechanisms and their effects on growth rate differences providing an alternative approach to endogenous growth processes. The framework developed relies on a Kaldorian growth model with evolutionary micro-founded technical change. The paper...
Persistent link: https://www.econbiz.de/10005706534