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Les mécanismes de la croissance endogène chez Allyn Young

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  • Jean-Didier Lecaillon
  • Geneviève Grangeas
  • Jean-Marie Le Page
  • Christian Ottavj
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    Abstract

    [fre] Les analyses contemporaines de la croissance endogène font référence aux travaux d'Allyn Young, considéré comme un précurseur. Pourtant les modèles de croissance endogène reposent le plus souvent sur des phénomènes traditionnels d'effets externes, occultant ainsi un aspect essentiel de l'analyse de cet auteur : la combinaison de deux dynamiques, celle des rendements d'échelle et celle de l'élasticité de la demande. Cet article propose un modèle multisectoriel fondé sur ce mécanisme. Il débouche sur une analyse des causes du ralentissement de la croissance occidentale au cours des vingt dernières années. [eng] Contemporaneous analysis of endo- genous growth often refer to the work of Allyn Young, who is considered as a precursor. Still, endogenous growth models are most often based on traditional externality phenomena, which hide the essentiel aspect of Young's analysis : the combination of two dynamics, returns to scale and demand elasticities. This article proposes a multisectoral model based on this mechanism, which is then used to analyse the causes of the slowdown in the economic growth of the developed countries over the last years.

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    File URL: http://dx.doi.org/10.3406/rfeco.1994.945
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    File URL: http://www.persee.fr/articleAsPDF/rfeco_0769-0479_1994_num_9_1_945/rfeco_0769-0479_1994_num_9_1_945.pdf?mode=light
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    Bibliographic Info

    Article provided by Programme National Persée in its journal Revue française d'économie.

    Volume (Year): 9 (1994)
    Issue (Month): 1 ()
    Pages: 3-39

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    Handle: RePEc:prs:rfreco:rfeco_0769-0479_1994_num_9_1_945

    Note: DOI:10.3406/rfeco.1994.945
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    Web page: http://www.persee.fr/web/revues/home/prescript/revue/rfeco

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