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On endogenous growth and Increasing Returns: Modelling learning-by-doing and the division of Labor

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  • N. De Liso
  • G. Filatrella
  • N. Weaver

Abstract

This paper discusses those sources of endogenous growth arising from labor as labor. It uses a production function which models the returns to scale as a function of the division of labor and learning. Smithian analysis of the labor process constitutes the basis upon which we build our own approach. The dynamics, therefore, drawn upon are more classical in style than those suggested by Arrow`s (1962) article.

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  • N. De Liso & G. Filatrella & N. Weaver, 1999. "On endogenous growth and Increasing Returns: Modelling learning-by-doing and the division of Labor," Working Papers 336, Dipartimento Scienze Economiche, Universita' di Bologna.
    • Handle: RePEc:bol:bodewp:336
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    References listed on IDEAS

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    1. Robert J. Barro, 2013. "Inflation and Economic Growth," Annals of Economics and Finance, Society for AEF, vol. 14(1), pages 121-144, May.
    2. Gregory Mankiw, 1995. "The Growth of Nations," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 26(1, 25th A), pages 275-326.
    3. 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.
    4. Paul M. Romer, 1994. "The Origins of Endogenous Growth," Journal of Economic Perspectives, American Economic Association, vol. 8(1), pages 3-22, Winter.
    5. Eric A. Nilsson, 1995. "Innovating-By-Doing: Skill Innovation as a Source of Technological Advance," Journal of Economic Issues, Taylor & Francis Journals, vol. 29(1), pages 33-46, March.
    6. Nonaka, Ikujiro & Toyama, Ryoko & Nagata, Akiya, 2000. "A Firm as a Knowledge-Creating Entity: A New Perspective on the Theory of the Firm," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 9(1), pages 1-20, March.
    7. Fellner, William, 1969. "Specific interpretations of learning by doing," Journal of Economic Theory, Elsevier, vol. 1(2), pages 119-140, August.
    8. Young, Allyn A., 1928. "Increasing Returns and Economic Progress," History of Economic Thought Articles, McMaster University Archive for the History of Economic Thought, vol. 38, pages 527-542.
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    Cited by:

    1. Dosi, Giovanni & Grazzi, Marco & Mathew, Nanditha, 2017. "The cost-quantity relations and the diverse patterns of “learning by doing”: Evidence from India," Research Policy, Elsevier, vol. 46(10), pages 1873-1886.
    2. Nicola De Liso & Carmine Lubritto & Giovanni Filatrella, 2001. "Increasing Returns, Learning-By-Doing And Neural Networks," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 10(4), pages 325-337.
    3. Lüger, Tim, 2019. "The population question in a neoclassical growth model: A brief theory of production per capita," Darmstadt Discussion Papers in Economics 235, Darmstadt University of Technology, Department of Law and Economics.
    4. Humphries, Shoana & Holmes, Thomas & Andrade, Dárlison Fernandes Carvalho de & McGrath, David & Dantas, Jeremias Batista, 2020. "Searching for win-win forest outcomes: Learning-by-doing, financial viability, and income growth for a community-based forest management cooperative in the Brazilian Amazon," World Development, Elsevier, vol. 125(C).

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