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Transitional dynamics of output, wages and profits in innovation-led growth: a general equilibrium analysis

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  • Justman, Moshe

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  • Justman, Moshe, 2004. "Transitional dynamics of output, wages and profits in innovation-led growth: a general equilibrium analysis," Structural Change and Economic Dynamics, Elsevier, vol. 15(2), pages 183-205, June.
    • Handle: RePEc:eee:streco:v:15:y:2004:i:2:p:183-205
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    1. Bresnahan, Timothy F. & Trajtenberg, M., 1995. "General purpose technologies 'Engines of growth'?," Journal of Econometrics, Elsevier, vol. 65(1), pages 83-108, January.
    2. Brent R. Moulton, 2000. "Getting the 21st-Century GDP Right: What's Underway?," American Economic Review, American Economic Association, vol. 90(2), pages 253-258, May.
    3. Cheng, Leonard K. & Dinopoulos, Elias, 1996. "A multisectoral general equilibrium model of Schumpeterian growth and fluctuations," Journal of Economic Dynamics and Control, Elsevier, vol. 20(5), pages 905-923, May.
    4. Reinganum, Jennifer F, 1982. "A Dynamic Game of R and D: Patent Protection and Competitive Behavior," Econometrica, Econometric Society, vol. 50(3), pages 671-688, May.
    5. Bental, Benjamin & Peled, Dan, 1996. "The Accumulation of Wealth and the Cyclical Generation of New Technologies: A Search Theoretic Approach," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 37(3), pages 687-718, August.
    6. Aghion, Philippe & Howitt, Peter, 1992. "A Model of Growth through Creative Destruction," Econometrica, Econometric Society, vol. 60(2), pages 323-351, March.
    7. Oded Galor & Daniel Tsiddon, 1996. "Technological Progress, Mobility, and Economic Growth," Working Papers 1996-31, Brown University, Department of Economics.
    8. Moshe Justman, 1996. "Swarming Mechanics," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 4(3), pages 235-244.
    9. repec:fth:simfra:95-08 is not listed on IDEAS
    10. Dosi, Giovanni, 1993. "Technological paradigms and technological trajectories : A suggested interpretation of the determinants and directions of technical change," Research Policy, Elsevier, vol. 22(2), pages 102-103, April.
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    12. Carole Aldrich & Thomas E. Morton, 1975. "Optimal Funding Paths for a Class of Risky R&D Projects," Management Science, INFORMS, vol. 21(5), pages 491-500, January.
    13. Greenwood, Jeremy & Hercowitz, Zvi & Krusell, Per, 1997. "Long-Run Implications of Investment-Specific Technological Change," American Economic Review, American Economic Association, vol. 87(3), pages 342-362, June.
    14. Galor, Oded & Tsiddon, Daniel, 1997. "Technological Progress, Mobility, and Economic Growth," American Economic Review, American Economic Association, vol. 87(3), pages 363-382, June.
    15. Chou, Chien-fu & Shy, Oz, 1993. "Technology Revolutions and the Gestation of New Technologies," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 34(3), pages 631-645, August.
    16. Morton I. Kamien & Nancy L. Schwartz, 1976. "On the Degree of Rivalry for Maximum Innovative Activity," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 90(2), pages 245-260.
    17. Jennifer F. Reinganum, 1985. "Innovation and Industry Evolution," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 100(1), pages 81-99.
    18. Mokyr, Joel, 1990. "Punctuated Equilibria and Technological Progress," American Economic Review, American Economic Association, vol. 80(2), pages 350-354, May.
    19. Jovanovic, Boyan & MacDonald, Glenn M, 1994. "Competitive Diffusion," Journal of Political Economy, University of Chicago Press, vol. 102(1), pages 24-52, February.
    20. Jovanovic, Boyan & Rob, Rafael, 1990. "Long Waves and Short Waves: Growth through Intensive and Extensive Search," Econometrica, Econometric Society, vol. 58(6), pages 1391-1409, November.
    21. David Andolfatto & Glenn MacDonald, 1998. "Technology Diffusion and Aggregate Dynamics," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 1(2), pages 338-370, April.
    22. Justman, Moshe & Mehrez, Abraham, 1984. "A closed loop analysis of competitive innovation," Economics Letters, Elsevier, vol. 16(3-4), pages 339-344.
    23. Abernathy, William J. & Clark, Kim B., 1985. "Innovation: Mapping the winds of creative destruction," Research Policy, Elsevier, vol. 14(1), pages 3-22, February.
    24. Abramovitz, Moses & David, Paul A, 1973. "Reinterpreting Economic Growth: Parables and Realities," American Economic Review, American Economic Association, vol. 63(2), pages 428-439, May.
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    Cited by:

    1. Alison Blay-Palmer, 2005. "Growing Innovation Policy: The Case of Organic Agriculture in Ontario, Canada," Environment and Planning C, , vol. 23(4), pages 557-581, August.

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