Showing 1 - 10 of 14
Persistent link: https://www.econbiz.de/10011413839
Persistent link: https://www.econbiz.de/10012016617
Persistent link: https://www.econbiz.de/10002463622
This paper aims to propose an approach to endogeneous growth considering the relationship between macro-dynamics and technical change. We draw upon two stream of literature: Cumulative causation and its macroscopic view of economic dynamics, and Evo-lutionary economics and its focus on...
Persistent link: https://www.econbiz.de/10002133939
We propose to develop in this paper an alternative approach to the New Growth Theory to analyse growth rate divergence among integrated economies. The model presented here considers economic growth as a disequilibrium process. It introduces in a cumulative causation framework, micro-founded...
Persistent link: https://www.econbiz.de/10002134042
Persistent link: https://www.econbiz.de/10002153542
The aim of this paper is to account for both the short-run fluctuations and the very-long run transformations induced by technological change in analysing long-run growth patterns. The paper investigates the possible imprint left by short-run fluctuations on the long run dynamics by affecting...
Persistent link: https://www.econbiz.de/10008779976
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/10003875747
Persistent link: https://www.econbiz.de/10003733441
Persistent link: https://www.econbiz.de/10003635646