New combinations and growth

  • This paper develops an endogenous growth model based on the idea of new combinations of input factors as a growth mechanism. The model integrates the idea of several technologies used simultaneously in producing final output. Innovations are of the horizontal and vertical type and in addition of the type of new technologies which can be combined with existing ones. All types of innovations are endogenous and the occurrence of a new technology has stochastic elements as well. This leads to endogenous dynamics in the growth rates of final output production.

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Metadaten
Author:Jürgen Antony
URN:urn:nbn:de:bvb:384-opus4-711466
Frontdoor URLhttps://opus.bibliothek.uni-augsburg.de/opus4/71146
Series (Serial Number):Volkswirtschaftliche Diskussionsreihe (290)
Publisher:Volkswirtschaftliches Institut, Universität Augsburg
Place of publication:Augsburg
Type:Working Paper
Language:English
Year of first Publication:2007
Publishing Institution:Universität Augsburg
Release Date:2020/02/20
Tag:JEL: O41, O31
Pagenumber:36
Institutes:Wirtschaftswissenschaftliche Fakultät
Wirtschaftswissenschaftliche Fakultät / Institut für Volkswirtschaftslehre
Dewey Decimal Classification:3 Sozialwissenschaften / 33 Wirtschaft / 330 Wirtschaft
Journals:Volkswirtschaftliche Diskussionsreihe
Licence (German):Deutsches Urheberrecht