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Endogenous growth theory and regional development policy [PDF]
Spatium, 2015 The numerous versions of endogenous explanations of economic growth emphasize the importance of technological change driving forces, as well as the existence of appropriate institutional arrangements.
Cvetanović Slobodan +3 more
doaj +5 more sources
Endogenous macroeconomic growth theory [PDF]
European Economic Review, 1992 The paper focuses on the innovation-based approach to endogenous growth. It begins by spelling out conditions for sustained long-run growth in neoclassical economies and uses these conditions as a standard of comparison for the conditions required to ...
Elhanan Helpman
core +5 more sources
Endogenous Growth Theory and Regional Extensions [PDF]
Handbook of Regional Science, 2021 In this chapter, we outline the basic mechanisms in endogenous growth theory that identify knowledge creation and diffusion as the core driver of economic growth. Then we discuss how new economic geography, urban economics, organizational science, and entrepreneurship theory have “regionalized” the mechanisms involved.
C Giesen +28 more
core +6 more sources
Semi-Endogenous Versus Fully Endogenous Growth Theory: A Sectoral Approach [PDF]
Journal of Applied Economics, 2014 This paper analyses the validity of second generation endogenous growth theories for six developed countries and ten manufacturing sectors over the period 1979–2001, applying modern tests and estimation procedures for the treatment of panel data. The basic autonomous innovation-driven model is extended to include international technology transfer and ...
Sara Barcenilla‐Visús +2 more
semanticscholar +4 more sources
Ten Facts on Declining Business Dynamism and Lessons from Endogenous Growth Theory [PDF]
American Economic Journal: Macroeconomics, 2020 In this paper, we review the literature on declining business dynamism and its implications in the United States and propose a unifying theory to analyze the symptoms and the potential causes of this decline.
Ufuk Akcigit, Sina Ates
semanticscholar +3 more sources
To Be or Not to Be: The Entrepreneur in Endogenous Growth Theory [PDF]
SSRN Electronic Journal, 2021 We examine the conceptualization of entrepreneurs in neo-Schumpeterian growth theory, which has reintroduced entrepreneurs into mainstream economics. Specifically, we analyze how neo-Schumpeterians relate to the contradiction between the entrepreneur-centered view of Schumpeter (1934) and the entrepreneurless framework of Schumpeter (1942), with the ...
Henrekson, Magnus +2 more
openalex +5 more sources
How have NESTs grown? Explanations based on endogenous growth theory [PDF]
Cogent Economics & Finance, 2021 The NEST or potential Emerging and growth-leading economies (EAGLEs) have been playing an increasing role in global growth, but the problems of their long-term growth attract the least attention, specifically the possibility of endogenous growth.
Nguyen Ngoc Thach
doaj +2 more sources
Endogenous Innovation in the Theory of Growth [PDF]
Journal of Economic Perspectives, 1994 This paper makes the case that purposive, profit-seeking investments in knowledge play a critical role in the long-run growth process. First, the authors review the implications of neoclassical growth theory and the more recent theories of ‘endogenous growth.’ Then they discuss the empirical evidence that bears on the modeling of long-run growth ...
Gene M. Grossman, Elhanan Helpman
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ENDOGENOUS TECHNICAL CHANGE IN ALTERNATIVE THEORIES OF GROWTH AND DISTRIBUTION: ENDOGENOUS TECHNICAL CHANGE IN ALTERNATIVE ECONOMIC THEORIES [PDF]
Journal of Economic Surveys, 2017 AbstractThis paper surveys the last two and a half decades of non‐neoclassical literature on endogenous technical change and the functional income distribution. We distinguish between classical‐Marxian and post‐Keynesian models, and analyze them under three different assumptions on the determinants of technical change: capital accumulation, income ...
Daniele Tavani, Luca Zamparelli
+7 more sources
Multinationals, Endogenous Growth, and Technological Spillovers: Theory and Evidence* [PDF]
Review of International Economics, 2005 FDI has received surprisingly little attention in theoretical and empirical work on openness and growth. This paper presents a theoretical growth model where MNCs directly affect the endogenous growth rate via technological spillovers. This is novel since other endogenous growth models with MNCs, e.g.
Richard Baldwin +2 more
openalex +6 more sources