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Growth and Ideas

In: Handbook of Economic Growth

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Author Info
Jones, Charles I.

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Abstract

Ideas are different from nearly all other economic goods in that they are nonrivalrous. This nonrivalry implies that production possibilities are likely to be characterized by increasing returns to scale, an insight that has profound implications for economic growth. The purpose of this chapter is to explore these implications.

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This chapter was published in: Philippe Aghion & Steven Durlauf (ed.) Handbook of Economic Growth, , chapter 16, pages 1063-1111, 2005.

This item is provided by Elsevier in its series Handbook of Economic Growth with number 1-16.

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This chapter was published in the following book, which is listed on IDEAS:
Philippe Aghion & Steven Durlauf (ed.), 2005. "Handbook of Economic Growth," Handbook of Economic Growth, Elsevier, edition 1, volume 1, number 1, September. [Downloadable!] (restricted)
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Find related papers by JEL classification:
O0 - Economic Development, Technological Change, and Growth - - General

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