Arbeitspapier
Endogenous growth and structural change through vertical and horizontal innovations
This paper combines horizontal and vertical innovations to generate an endogenous growth model allowing for structural change as an endogenous phenomenon. Every industry is profitable only for a limited period of time, making the effective time of existence of the technology endogenous and finite. We find that in such an economy endogenous structural change is the source of ongoing economic growth. Further, the range of existing sectors stays constat as well as growth rates as long as the technologies are symmetric.
- Sprache
-
Englisch
- Erschienen in
-
Series: WWZ Working Paper ; No. 2017/05
- Klassifikation
-
Wirtschaft
- Thema
-
Endogenous Growth
Creative Destruction
Arrow Replacement Effect
Endogenous Structural Change
Horizontal Innovation
Endogenous Patents
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Bondarev, Anton
Greiner, Alfred
- Ereignis
-
Veröffentlichung
- (wer)
-
University of Basel, Center of Business and Economics (WWZ)
- (wo)
-
Basel
- (wann)
-
2017
- DOI
-
doi:10.5451/unibas-ep61312
- Handle
- Letzte Aktualisierung
-
20.09.2024, 08:22 MESZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Bondarev, Anton
- Greiner, Alfred
- University of Basel, Center of Business and Economics (WWZ)
Entstanden
- 2017
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