Cumulative Causation and Evolutionary Micro-Founded Technical Change. On the Determinants of Growth rate Differences
AbstractWe develop in this paper an alternative approach to the New Growth Theory to analyse growth rate differences among integrated economies. The model presented here considers economic growth as a disequilibrium process. It introduces in a cumulative causation framework, micro-founded process of technical change taking into account elements rooted in evolutionary and Neo-Austrian literature. We then attempt to open the ¿Kaldor-Verdoorn law black-box¿ using a microlevel modelling of industrial dynamics.We use this framework to study the nature and sources of growth rate differences among economies, focusing on the effect of some macroeconomic parameters and of some technological parameters. If the results remain broadly in Kaldorian lines, this framework allows for more subtle patterns of growth rate difference.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Presses de Sciences-Po in its journal Revue économique.
Volume (Year): 55 (2004)
Issue (Month): 6 ()
Contact details of provider:
Web page: http://www.cairn.info/revue-economique.htm
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Patrick LLERENA & Vanessa OLTRA, 2001.
"Diversity of innovative strategy as a source of technological performance,"
Working Papers of BETA
2001-12, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
- Llerena, Patrick & Oltra, Vanessa, 2002. "Diversity of innovative strategy as a source of technological performance," Structural Change and Economic Dynamics, Elsevier, vol. 13(2), pages 179-201, June.
- Patrick Llerena & Vanessa Oltra, 2000. "Diversity of Innovative Strategy as a Source of Technological Performance," DRUID Working Papers 00-1, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
- André Lorentz, 2004.
"Sectoral Specialisation and Growth Rate Differences Among Integrated Economies,"
LEM Papers Series
2004/06, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
- André Lorentz, . "Sectoral Specialisation and Growth Rate Differences Among Integrated Economies," The Electronic Journal of Evolutionary Modeling and Economic Dynamics, IFReDE - Université Montesquieu Bordeaux IV.
- AndrÃ© Lorentz, 2004. "Sectoral Specialisation and Growth Rate DIfferences Among Integrated Economies," Computing in Economics and Finance 2004 165, Society for Computational Economics.
- Dixon, R & Thirlwall, A P, 1975. "A Model of Regional Growth-Rate Differences on Kaldorian Lines," Oxford Economic Papers, Oxford University Press, vol. 27(2), pages 201-14, July.
- Amendola, Mario & Gaffard, Jean-Luc, 1998. "Out of Equilibrium," OUP Catalogue, Oxford University Press, number 9780198293804, September.
- Miguel A. León-Ledesma, 2000. "Cumulative Growth and the Catching-up Debate from a Dis-equilibrium Standpoint," Studies in Economics 0001, Department of Economics, University of Kent.
- G. Silverberg & B. Verspagen, 1995. "Evolutionary Theorizing on Economic Growth," Working Papers wp95078, International Institute for Applied Systems Analysis.
- André Lorentz & Patrick Llerena, 2004. "Co-Evolution of Macro-Dynamics and Technological Change : an Alternative View on Growth," Revue d'Économie Industrielle, Programme National Persée, vol. 105(1), pages 47-70.
- Shone,Ronald, 2002. "Economic Dynamics," Cambridge Books, Cambridge University Press, number 9780521017039.
- Tommaso Ciarli, 2012.
"Structural Interactions and Long Run Growth. An Application of Experimental Design to Agent Based Models,"
Revue de l'OFCE,
Presses de Sciences-Po, vol. 0(5), pages 295-345.
- Tommaso Ciarli, 2012. "Structural interactions and long run growth: An application of Experimental Design to Agent Based Models," Papers on Economics and Evolution 2012-06, Philipps University Marburg, Department of Geography.
- Maria Savona & André Lorentz, 2005.
"Demand and Technology Determinants of Structural Change and Tertiarisation: An Input-Output Structural Decomposition Analysis for four OECD Countries,"
LEM Papers Series
2005/25, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
- Maria Savona & André Lorentz, 2006. "Demand and Technology Determinants of Structural Change and Tertiarisation: An Input-Output Structural Decomposition Analysis for four OECD Countries," Working Papers of BETA 2006-01, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
- Botta, Alberto, 2009. "A structuralist North-South model on structural change, economic growth and catching-up," Structural Change and Economic Dynamics, Elsevier, vol. 20(1), pages 61-73, March.
- Tommaso Ciarli & AndrÃ© Lorentz & Maria Savona & Marco Valente, 2008.
"The Effect of Consumption and Production Structure on Growth and Distribution. A Micro to Macro Model,"
Papers on Economics and Evolution
2008-13, Philipps University Marburg, Department of Geography.
- Tommaso Ciarli & André Lorentz & Maria Savona & Marco Valente, 2010. "The Effect Of Consumption And Production Structure On Growth And Distribution. A Micro To Macro Model," Metroeconomica, Wiley Blackwell, vol. 61(1), pages 180-218, 02.
- Francisco Horácio P. Oliveira & Frederico G. Jayme Jr. & Mauro B. Lemos, 2003.
"Increasing returns to scale and international diffusion of technology: an empirical study for Brazil (1976-2000),"
Textos para DiscussÃ£o Cedeplar-UFMG
td211, Cedeplar, Universidade Federal de Minas Gerais.
- Oliveira, Francisco H.P. & Jayme, Frederico Jr. & Lemos, Mauro B., 2006. "Increasing returns to scale and international diffusion of technology: An empirical study for Brazil (1976-2000)," World Development, Elsevier, vol. 34(1), pages 75-88, January.
- Tommaso Ciarli & Andre' Lorentz & Maria Savona & Marco Valente, 2012. "The role of technology, organisation, and demand in growth and income distribution," LEM Papers Series 2012/06, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
- AndrÃ© Lorentz, 2009. "Evolutionary Micro-founded Technical Change and The Kaldor-Verdoorn Law: Estimates from an Artificial World," Papers on Economics and Evolution 2009-01, Philipps University Marburg, Department of Geography.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jean-Baptiste de Vathaire).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.