IDEAS home Printed from https://ideas.repec.org/p/bav/wpaper/014_kornprobst.html

Das Romer-Modell mit qualitaetsverbesserndem technischem Fortschritt

Author

Listed:
  • Wolfgang Kornprobst

Abstract

In bedeutenden Modellen der neuen Wachstumstheorie wird Wachstum entweder durch eine zunehmende Produktvielfalt oder durch Qualitaetsverbesserungen bestehender Produkte modelliert. Wachstum im Romer- Modell (Romer (1990a)) basiert auf einer zunehmenden Anzahl von Produkten, bei Grossman und Helpman wird Wachstum durch eine zunehmende Qualitaet bestehender Produkte generiert (Grossman & Helpman 1991a, Kap. 4). Beide Modelle haben Vorzuege. Das Romer-Modell erklaert die Entwicklung des aggregierten Kapitalstocks besser und kann als erweitertes Solow-Modell mit endogener Erklaerung des technischen Fortschritts verstanden werden. Das Qualitaetenmodell von Grossman und Helpman wird der Sicht Schumpeters eher gerecht, dass Wachstum durch kreative Zerstoerung entsteht. Indem junge Firmen bestehende Produkte verbessern, verdraengen sie die alten Firmen mit den schlechteren Produkten. Die Oekonomie profitiert, weil staendig bessere Produkte verfuegbar werden. Ausserdem wird bei Grossman/Helpman der Forschungsprozess treffender modelliert: Es liegt Unsicherheit ueber den Erfolg von Forschung vor. Im Romer- Modell gibt es diese Unsicherheit nicht. Das vorliegende Modell verbindet die Vorteile beider Modelle. Es behaelt die Struktur des Romer-Modells, implementiert aber Schumpeters Sicht ueber wirtschaftlichen Fortschritt.

Suggested Citation

  • Wolfgang Kornprobst, 2007. "Das Romer-Modell mit qualitaetsverbesserndem technischem Fortschritt," Working Papers 014, Bavarian Graduate Program in Economics (BGPE).
  • Handle: RePEc:bav:wpaper:014_kornprobst
    as

    Download full text from publisher

    File URL: https://www.bgpe.de/files/2024/05/014_kornprobst.pdf
    File Function: First version, 2007
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Benassy, Jean-Pascal, 1998. "Is there always too little research in endogenous growth with expanding product variety?," European Economic Review, Elsevier, vol. 42(1), pages 61-69, January.
    2. Arnold, Lutz G., 2005. "Multi-Country Endogenous Growth Models," University of Regensburg Working Papers in Business, Economics and Management Information Systems 404, University of Regensburg, Department of Economics.
    3. Mark Bils & Peter J. Klenow, 2001. "Quantifying Quality Growth," American Economic Review, American Economic Association, vol. 91(4), pages 1006-1030, September.
    4. Romer, Paul M, 1990. "Endogenous Technological Change," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 71-102, October.
    5. Segerstrom, Paul S, 1998. "Endogenous Growth without Scale Effects," American Economic Review, American Economic Association, vol. 88(5), pages 1290-1310, December.
    6. Aghion, Philippe & Howitt, Peter, 1992. "A Model of Growth through Creative Destruction," Econometrica, Econometric Society, vol. 60(2), pages 323-351, March.
    7. William D. Nordhaus, 1998. "Quality Change in Price Indexes," Journal of Economic Perspectives, American Economic Association, vol. 12(1), pages 59-68, Winter.
    8. Gene M. Grossman & Elhanan Helpman, 1991. "Quality Ladders in the Theory of Growth," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 58(1), pages 43-61.
    9. Arnold, Lutz G. & Kornprobst, Wolfgang, 2006. "The Dynamics of the Romer R&D Growth Model with Quality Upgrading," University of Regensburg Working Papers in Business, Economics and Management Information Systems 413, University of Regensburg, Department of Economics.
    10. Federico Etro, 2004. "Innovation by leaders," Economic Journal, Royal Economic Society, vol. 114(495), pages 281-303, April.
    11. Miguel-Angel Martín & Agustín Herranz, 2004. "Human capital and economic growth in Spanish regions," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 10(4), pages 257-264, November.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Gray, Elie & Grimaud, André, 2014. "The Lindahl equilibrium in Schumpeterian growth models: Knowledge diffusion, social value of innovations and optimal R&D incentives," IDEI Working Papers 821, Institut d'Économie Industrielle (IDEI), Toulouse.
    2. Gray, Elie & Grimaud, André, 2014. "The Lindahl equilibrium in Schumpeterian growth models: Knowledge diffusion, social value of innovations and optimal R&D incentives," TSE Working Papers 14-469, Toulouse School of Economics (TSE).
    3. Elie Gray & André Grimaud, 2014. "The Lindahl Equilibrium in Schumpeterian Growth Models: Knowledge Diffusion, Social Value of Innovations and Optimal R&D Incentives," CESifo Working Paper Series 4678, CESifo.
    4. Elie Gray & André Grimaud, 2016. "The Lindahl equilibrium in Schumpeterian growth models," Journal of Evolutionary Economics, Springer, vol. 26(1), pages 101-142, March.
    5. Esteban Jaimovich, 2021. "Quality growth: from process to product innovation along the path of development," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 71(2), pages 761-793, March.
    6. Gerhard Sorger, 2006. "Quality-improving horizontal innovations," Vienna Economics Papers 0609, University of Vienna, Department of Economics.
    7. Augusto Schianchi, 2016. "La crescita endogena: una rilettura critica," QUADERNI DI ECONOMIA DEL LAVORO, FrancoAngeli Editore, vol. 2016(106), pages 31-48.
    8. Annarita BALDANZI & Alberto BUCCI & Klaus PRETTNER, 2016. "The Effects of Health Investments on Human Capital and R&D-Driven Economic Growth," Departmental Working Papers 2016-17, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
    9. Chu, Angus C. & Cozzi, Guido, 2019. "Growth: Scale or market-size effects?," Economics Letters, Elsevier, vol. 178(C), pages 13-17.
    10. Segerstrom, Paul S, 2000. "The Long-Run Growth Effects of R&D Subsidies," Journal of Economic Growth, Springer, vol. 5(3), pages 277-305, September.
    11. Chu, Angus C. & Cozzi, Guido & Furukawa, Yuichi & Liao, Chih-Hsing, 2017. "Inflation and economic growth in a Schumpeterian model with endogenous entry of heterogeneous firms," European Economic Review, Elsevier, vol. 98(C), pages 392-409.
    12. Adriana Di Liberto, 2007. "Convergence and Divergence in Neoclassical Growth Models with Human Capital," Economia politica, Società editrice il Mulino, issue 2, pages 289-322.
    13. Bloom, David E. et.al., 2013. "Economic impact of non-communicable disease in China and India: Estimates, projections and comparisons," Working Papers 300, Institute for Social and Economic Change, Bangalore.
    14. Grimaud, André & Gray, Elie, 2024. "Inter-Sectoral Knowledge Diffusion and Scale Effects in Schumpeterian Growth Models," TSE Working Papers 24-1577, Toulouse School of Economics (TSE).
    15. Ho, Chi Pui, 2015. "Population growth and structural transformation," MPRA Paper 68014, University Library of Munich, Germany.
    16. Ohki, Kazuyoshi, 2023. "Disruptive innovation by heterogeneous incumbents and economic growth: When do incumbents switch to new technology?," Journal of Mathematical Economics, Elsevier, vol. 107(C).
    17. Cozzi, Guido, 2017. "Endogenous growth, semi-endogenous growth... or both? A simple hybrid model," Economics Letters, Elsevier, vol. 154(C), pages 28-30.
    18. Cozzi, Guido, 2023. "Semi-endogenous or fully endogenous growth? A unified theory," Journal of Economic Theory, Elsevier, vol. 213(C).
    19. Joseph Zeira, 2011. "Innovations, patent races and endogenous growth," Journal of Economic Growth, Springer, vol. 16(2), pages 135-156, June.
    20. Minniti, Antonio & Venturini, Francesco, 2017. "The long-run growth effects of R&D policy," Research Policy, Elsevier, vol. 46(1), pages 316-326.

    More about this item

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bav:wpaper:014_kornprobst. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Anton Barabasch (email available below). General contact details of provider: https://edirc.repec.org/data/vierlde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.