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A dynamic linear economy with characteristic-based endogenous technical coefficients

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  • D’Agata, Antonio
  • Mori, Kenji

Abstract

We develop a characteristic-based model for the endogenous determination of technical coefficients in a linear economy and use it to describe the dynamics of the economy as driven by changes in knowledge. The use of the characteristic approach to determine technical coefficients makes our model suitable to be interpreted as a first attempt towards the formulation of a formal knowledge-based model of technology.

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Bibliographic Info

Article provided by Elsevier in its journal Structural Change and Economic Dynamics.

Volume (Year): 23 (2012)
Issue (Month): 3 ()
Pages: 195-204

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Handle: RePEc:eee:streco:v:23:y:2012:i:3:p:195-204

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Web page: http://www.elsevier.com/locate/inca/525148

Related research

Keywords: Technology; Technological change; Classical approach to price and distribution;

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References

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  14. Olsson, Ola, 2000. " Knowledge as a Set in Idea Space: An Epistemological View on Growth," Journal of Economic Growth, Springer, vol. 5(3), pages 253-75, September.
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Cited by:
  1. Morroni, Mario, 2014. "Production of commodities by means of processes," Structural Change and Economic Dynamics, Elsevier, vol. 29(C), pages 5-18.

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