Goodwin's structural economic dynamics: Modelling Schumpeterian and Keynesian insights
In this paper we pursue the work started jointly with Richard M. Goodwin in the 1990s. Goodwin's later work went very much in the direction of modelling Schumpeter's insights into structural and technological transformations in the context of disaggregated models while allowing for non-full employment outcomes and macroeconomic cyclical patterns to develop anlongside these transformations. In a series of papers we have followed up this work for closed and open economies, drawing out in particular the implications of structural transformations for macrodistributional dynamics and effective demand problems. This has been analysed for advanced and catching-up economies and their interdependencies on the global stage. We shall review our modelling efforts in this respect and trace these back to Goodwin's life-long preoccupation with synthesizing disaggregated (linear) modelling with macro-dynamic analysis.
(This abstract was borrowed from another version of this item.)
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
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.:
- Michael A. Landesmann & Robert Stehrer, 2007.
"Income Distribution, Technical Change And The Dynamics Of International Economic Integration,"
Wiley Blackwell, vol. 58(1), pages 45-73, 02.
- Michael A. Landesmann & Robert Stehrer, 2004. "Income Distribution, Technical Change and the Dynamics of International Economic Integration," International Trade 0411005, EconWPA.
- Michael Landesmann & Robert Stehrer, 2004. "Income Distribution, Technical Change and the Dynamics of International Economic Integration," wiiw Working Papers 31, The Vienna Institute for International Economic Studies, wiiw.
- Michael Landesmann & Robert Stehrer, 2005. "Income distribution, technical change and the dynamics of international economic integration," Economics working papers 2005-13, Department of Economics, Johannes Kepler University Linz, Austria.
- Michael A. Landesmann & Robert Stehrer, 2000. "Industrial Specialization, Catching-up and Labour Market Dynamics," Metroeconomica, Wiley Blackwell, vol. 51(1), pages 67-101, 02.
- Landesmann, Michael A. & Stehrer, Robert, 2001. "Convergence patterns and switchovers in comparative advantage," Structural Change and Economic Dynamics, Elsevier, vol. 12(4), pages 399-423, December.
- Michael Landesmann & Robert Stehrer, 2002. "Technical Change, Effective Demand and Economic Growth," wiiw Working Papers 22, The Vienna Institute for International Economic Studies, wiiw.
- Mueller,Dennis C., 2009. "Profits in the Long Run," Cambridge Books, Cambridge University Press, number 9780521101592, November.
- Mueller,Dennis C., 1986. "Profits in the Long Run," Cambridge Books, Cambridge University Press, number 9780521306935, December.
- Michael A. Landesmann & Robert Stehrer, 2004. "Technology Diffusion, International Competition and Effective Demand," Revue d'Économie Industrielle, Programme National Persée, vol. 105(1), pages 23-46.
- Robert Stehrer, 2002. "Dynamics of Trade Integration and Technological Convergence," Economic Systems Research, Taylor & Francis Journals, vol. 14(3), pages 219-244.
- Michael Landesmann & Robert Stehrer, 2004. "Modelling International Economic Integration: Patterns of Catching-up, Foreign Direct Investment and Migration Flows," wiiw Working Papers 27, The Vienna Institute for International Economic Studies, wiiw.
- Mueller, Dennis C, 1977. "The Persistence of Profits above the Norm," Economica, London School of Economics and Political Science, vol. 44(176), pages 369-380, November. Full references (including those not matched with items on IDEAS)