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Hystérésis et piège du sous-développement dans un modèle de croissance endogène

Author

Listed:
  • Antoine d'Autume

    (EUREQUA - Equipe Universitaire de Recherche en Economie Quantitative - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique)

  • Philippe Michel

    (CORE - Center of Operation Research and Econometrics [Louvain] - UCL - Université Catholique de Louvain = Catholic University of Louvain)

Abstract

Nous reprenons le modèle canonique de Romer [1986] pour en préciser les pro­priétés d'hystérésis. Nous montrons ensuite comment l'introduction d'un effet de seuil dans ce modèle implique la coexistence d'un piège du sous-développement et d'un sentier de croissance endogène, faisant ainsi apparaître une forme radicale d'hystérésis.

Suggested Citation

  • Antoine d'Autume & Philippe Michel, 1993. "Hystérésis et piège du sous-développement dans un modèle de croissance endogène," Post-Print halshs-00430019, HAL.
    • Handle: RePEc:hal:journl:halshs-00430019
    DOI: 10.2307/3502248
    as

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    References listed on IDEAS

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    1. Romer, Paul M, 1986. "Increasing Returns and Long-run Growth," Journal of Political Economy, University of Chicago Press, vol. 94(5), pages 1002-1037, October.
    2. Robert M. Solow, 1956. "A Contribution to the Theory of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 70(1), pages 65-94.
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    5. Blanchard, Olivier Jean & Kahn, Charles M, 1980. "The Solution of Linear Difference Models under Rational Expectations," Econometrica, Econometric Society, vol. 48(5), pages 1305-1311, July.
    6. K. J. Arrow, 1971. "The Economic Implications of Learning by Doing," Palgrave Macmillan Books, in: F. H. Hahn (ed.), Readings in the Theory of Growth, chapter 11, pages 131-149, Palgrave Macmillan.
    7. N. Gregory Mankiw & David Romer & David N. Weil, 1992. "A Contribution to the Empirics of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 107(2), pages 407-437.
    8. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
    9. King, Robert G. & Plosser, Charles I. & Rebelo, Sergio T., 1988. "Production, growth and business cycles : II. New directions," Journal of Monetary Economics, Elsevier, vol. 21(2-3), pages 309-341.
    10. Francesco Giavazzi & Charles Wyplosz, 1985. "The Zero Root Problem: A Note on the Dynamic Determination of the Stationary Equilibrium in Linear Models," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 52(2), pages 353-357.
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    Cited by:

    1. Guillaume Daudin, 2003. "Tous unis contre le protectionnisme des pays du Nord ?," Revue de l'OFCE, Presses de Sciences-Po, vol. 84(1), pages 95-130.
    2. Plassard, Romain, 2021. "Barro, Grossman, and the domination of equilibrium macroeconomics," MPRA Paper 107201, University Library of Munich, Germany.
    3. Philippe Jean-Pierre, 1997. "Sélection et tests de seuils de convergence," Revue Économique, Programme National Persée, vol. 48(3), pages 429-440.
    4. repec:hal:spmain:info:hdl:2441/690 is not listed on IDEAS
    5. Sylvie Charlot, 1996. "Effects of public expenditures on economic development : a model of regional equilibrium [Les effets des dépenses publiques sur la croissance : un modèle d'équilibre régional]," Working Papers hal-01526935, HAL.

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    Keywords

    modèle de croissance; Hystérésis;

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