Arbeitspapier

Growth, development, and technological change

The theory of endogenous technical change has deeply contributed to our understanding of the fundamental sources of economic growth and development. In this chapter we survey important contributions in the field by focussing on the basic structure of endogenous growth models with horizontal as well as vertical innovation and emphasizing important implications for growth policy. We address issues like the scale effect problem, directed technological change to understand the evolution of wage inequality, long-run divergence between the innovating North and the imitating South due to inappropriate technology in the South, the relationship between trade and growth, competition and R&D, and the role of imperfect capital markets for R&D-based growth.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 2558

Klassifikation
Wirtschaft
Thema
Neue Wachstumstheorie
Endogener technischer Fortschritt
Innovation
Innovationsdiffusion
Skalenertrag
Theorie

Ereignis
Geistige Schöpfung
(wer)
Grossmann, Volker
Steger, Thomas M.
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2007

Handle
URN
urn:nbn:de:101:1-20080425382
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

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.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Grossmann, Volker
  • Steger, Thomas M.
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2007

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