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Accounting for Productivity Growth: Schumpeterian versus Semi-Endogenous Explanations

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Abstract

In this paper we analyze whether empirical evidence across a range of countries and manufacturing sectors favours semi-endogenous or Schumpeterian accounts of efficiency gains. Which theoretical framework finds support carries profound implications for policy. Under Schumpeterian productivity growth there exists the prospect sustainable unbounded growth. Under semi-endogenous growth productivity is constrained. For South Africa our […]

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  • Johannes W. Fedderke & Yang Liu, 2015. "Accounting for Productivity Growth: Schumpeterian versus Semi-Endogenous Explanations," Working Papers 47, Economic Research Southern Africa.
    • Handle: RePEc:rza:wpaper:47
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    File URL: https://econrsa.org/wp-content/uploads/2022/06/research_brief_47.pdf
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    Cited by:

    1. Craig Webb, 2015. "Piecewise additivity for non-expected utility," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 60(2), pages 371-392, October.
    2. Zimper, Alexander, 2004. "On the existence of strategic solutions for games with security- and potential level players," Papers 04-04, Sonderforschungsbreich 504.
    3. Ulrich Schmidt & Horst Zank, 2022. "Chance theory: A separation of riskless and risky utility," Journal of Risk and Uncertainty, Springer, vol. 65(1), pages 1-32, August.
    4. Alexander Zimper, 2007. "Strategic games with security and potential level players," Theory and Decision, Springer, vol. 63(1), pages 53-78, August.

    More about this item

    Keywords

    economic growth; productivity; Quantitative Methods;
    All these keywords.

    JEL classification:

    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • O5 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies

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