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.
- Language
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Englisch
- Bibliographic citation
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Series: CESifo Working Paper ; No. 1913
- Classification
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Wirtschaft
Economic Development: General
Innovation; Research and Development; Technological Change; Intellectual Property Rights: General
Economic Growth and Aggregate Productivity: General
- Subject
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Neue Wachstumstheorie
Endogener technischer Fortschritt
Innovation
Innovationsdiffusion
Skalenertrag
Theorie
- Event
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Geistige Schöpfung
- (who)
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Grossmann, Volker
Steger, Thomas M.
- Event
-
Veröffentlichung
- (who)
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Center for Economic Studies and ifo Institute (CESifo)
- (where)
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Munich
- (when)
-
2007
- Handle
- Last update
-
10.03.2025, 11:45 AM CET
Data provider
This object is provided by:
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Grossmann, Volker
- Steger, Thomas M.
- Center for Economic Studies and ifo Institute (CESifo)
Time of origin
- 2007
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