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Market Structure and the Growth Process Author info | Abstract | Publisher info | Download info | Related research | Statistics Philippe Aghion (Department of Economics, University College London)
Peter Howitt (Department of Economics, Ohio State University)
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Recent empirical work has pointed to a positive correlation between product market competition and productivity growth. In this lecture we try to reconcile this evidence with the Schumpterian growth paradigm. Three alternative explanations are successively considered, respectively based upon agency considerations, the tacit nature of knowledge, and the decomposition of R and D activities into research and development. (Copyright: Elsevier)
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Article provided by Elsevier for the Society for Economic Dynamics in its journal Review of Economic Dynamics .
Volume (Year): 1 (1998)
Issue (Month): 1 (January)
Pages: 276-305
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Handle: RePEc:red:issued:v:1:y:1998:i:1:p:276-305Contact details of provider: Postal: Review of Economic Dynamics Academic Press Editorial Office 525 "B" Street, Suite 1900 San Diego, CA 92101 Fax: 1-860-486-4463 Email: Web page: http://www.EconomicDynamics.org/review.htm More information through EDIRC
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Find related papers by JEL classification: O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity D4 - Microeconomics - - Market Structure and Pricing
References listed on IDEAS 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.:
Ricardo J. Caballero & Adam B. Jaffe, 1993.
"How High are the Giants' Shoulders: An Empirical Assessment of Knowledge Spillovers and Creative Destruction in a Model of Economic Growth ,"
NBER Working Papers
4370, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions: Blundell, Richard & Griffith, Rachel & Van Reenen, John, 1995.
"Dynamic Count Data Models of Technological Innovation ,"
Economic Journal ,
Royal Economic Society, vol. 105(429), pages 333-44, March.
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Other versions: Jensen, Michael C. & Meckling, William H., 1976.
"Theory of the firm: Managerial behavior, agency costs and ownership structure ,"
Journal of Financial Economics ,
Elsevier, vol. 3(4), pages 305-360, October.
[Downloadable!] (restricted)
Nickell, Stephen J, 1996.
"Competition and Corporate Performance ,"
Journal of Political Economy ,
University of Chicago Press, vol. 104(4), pages 724-46, August.
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Other versions: Segerstrom, Paul S & Anant, T C A & Dinopoulos, Elias, 1990.
"A Schumpeterian Model of the Product Life Cycle ,"
American Economic Review ,
American Economic Association, vol. 80(5), pages 1077-91, December.
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Aghion, Philippe & Howitt, Peter, 1996.
" Research and Development in the Growth Process ,"
Journal of Economic Growth ,
Springer, vol. 1(1), pages 49-73, March.
Aghion, Philippe & Howitt, Peter, 1992.
"A Model of Growth through Creative Destruction ,"
Econometrica ,
Econometric Society, vol. 60(2), pages 323-51, March.
[Downloadable!] (restricted)
Other versions:
Aghion, P. & Howitt, P., 1990.
"A Model Of Growth Through Creative Destruction ,"
DELTA Working Papers
90-12, DELTA (Ecole normale supérieure).
Aghion, P. & Howitt, P., 1989.
"A Model Of Growth Through Creative Destruction ,"
UWO Department of Economics Working Papers
8904, University of Western Ontario, Department of Economics.
Philippe Aghion & Peter Howitt, 1990.
"A Model of Growth Through Creative Destruction ,"
NBER Working Papers
3223, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted) Aghion, P. & Howitt, P., 1989.
"A Model Of Growth Through Creative Destruction ,"
Working papers
527, Massachusetts Institute of Technology (MIT), Department of Economics.
Aghion, Philippe & Dewatripont, Mathias & Rey, Patrick, 1999.
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[Downloadable!] Alberto Bucci & Fabio Fiorillo & Stefano Staffolani, 2003.
"Can Market Power Influence Employment, Wage Inequality and Growth? ,"
Metroeconomica ,
Blackwell Publishing, vol. 54(2-3), pages 129-160, 05.
[Downloadable!] (restricted) Canton, E.J.F. & Groot, H.L.F. de & Nahuis, R., 1999.
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Alberto BUCCI, 2004.
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Alberto BUCCI, 2004.
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