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Co-Evolution of Macro-Dynamics and Technological Change : an Alternative View on Growth

Author

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  • Patrick Llerena

    (BETA - Bureau d'Économie Théorique et Appliquée - INRA - Institut National de la Recherche Agronomique - UNISTRA - Université de Strasbourg - UL - Université de Lorraine - CNRS - Centre National de la Recherche Scientifique)

  • André Lorentz

    (BETA - Bureau d'Économie Théorique et Appliquée - INRA - Institut National de la Recherche Agronomique - UNISTRA - Université de Strasbourg - UL - Université de Lorraine - CNRS - Centre National de la Recherche Scientifique, SSSUP - Scuola Universitaria Superiore Sant'Anna [Pisa])

Abstract

This paper proposes an approach to endogenous growth considering the relationship between macro-dynamics and technical change. We draw upon two streams of literature : Cumulative causation and its macroscopic view of economic dynamics ; and Evolutionary economics and its focus on micro-determinants of technical change. This paper presents a survey of the formal representations of the growth process, identifies the possible bridges between these two approaches, and proposes a formal framework of analysis. Our daim is that merging these two distinct theories might offer a framework to consider the co-evolution of macro-dynamics and technical change.

Suggested Citation

  • Patrick Llerena & André Lorentz, 2004. "Co-Evolution of Macro-Dynamics and Technological Change : an Alternative View on Growth," Post-Print hal-03186240, HAL.
    • Handle: RePEc:hal:journl:hal-03186240
    DOI: 10.3406/rei.2004.3035
    Note: View the original document on HAL open archive server: https://hal.science/hal-03186240
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    Cited by:

    1. Borsato, Andrea & Lorentz, André, 2023. "The Kaldor–Verdoorn law at the age of robots and AI," Research Policy, Elsevier, vol. 52(10).
    2. 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.
    3. 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.
    4. Patrick Llerena & André Lorentz, 2004. "Cumulative Causation and Evolutionary Micro-Founded Technical Change. On the Determinants of Growth rate Differences," Revue économique, Presses de Sciences-Po, vol. 55(6), pages 1191-1214.
    5. Andrea Borsato & Andre Lorentz, 2023. "Open Science vs. Mission-oriented Policies and the Long-run Dynamics of Integrated Economies: An Agent-based Model with a Kaldorian Flavour," Working Papers of BETA 2023-17, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.

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