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Ansätze der neuen Wachstumstheorie: ein Literaturüberblick

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  • Stolpe, Michael

Abstract

This survey of recent literature on endogenous growth highlights some of the modeling choices in endogenous growth theory, which are constrained by certain formal requirements on the one hand and by the need for convincing economic interpretations on the other. The formal requirements are examined in section 1. Some possible economic sources of endogenous growth are discussed in section 2. Section 3 summarizes recent findings about endogenous innovation in open economies. Section 4, finally, focuses on multiple equilibria and path dependence, implications of increasing returns and non-convexities which cannot be accommodated in conventional growth modeis, and which seem to call for a fundamental rethinking of growth policies.

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  • Stolpe, Michael, 1992. "Ansätze der neuen Wachstumstheorie: ein Literaturüberblick," Kiel Working Papers 508, Kiel Institute for the World Economy (IfW Kiel).
  • Handle: RePEc:zbw:ifwkwp:508
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    1. Stehn, Jürgen, 1993. "Theorie des fiskalischen Föderalismus: Ein Referenzmaßstab zur Beurteilung der Beschlüsse von Maastricht," Open Access Publications from Kiel Institute for the World Economy 1898, Kiel Institute for the World Economy (IfW Kiel).
    2. Thomas, Ingo P., 1995. "Konvergenz und Divergenz in der Europäischen Union: Theoretischer Überblick, empirische Evidenz und wirtschaftspolitische Implikationen," Kiel Working Papers 682, Kiel Institute for the World Economy (IfW Kiel).
    3. Zattler, Jürgen K., 1998. "Endogene Wachstumstheorie und wirtschaftspolitische Implikaktionen für Entwicklungsländer: The missing link," Discussion Papers in Development Economics 27, Justus Liebig University Giessen, Institute for Development Economics.
    4. Aykut Kibritcioglu, 2005. "Determinants of Economic Growth and the Role of Human Capital in New Growth Models [in Turkish]," Development and Comp Systems 0505009, University Library of Munich, Germany.
    5. Klodt, Henning, 1992. "Theorie der strategischen Handelspolitik und neue Wachstumstheorie als Grundlage für eine Industrie- und Technologiepolitik?," Kiel Working Papers 533, Kiel Institute for the World Economy (IfW Kiel).

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