Product variety, product quality, and evidence of endogenous growth

被引:22
作者
Venturini, Francesco [1 ]
机构
[1] Univ Perugia, Dept Econ Finance & Stat, I-06123 Perugia, Italy
关键词
Fully endogenous growth theory; Semi-endogenous growth theory; Innovation quality; US manufacturing; MODEL;
D O I
10.1016/j.econlet.2012.04.037
中图分类号
F [经济];
学科分类号
02 ;
摘要
Using US manufacturing industry data, we re-examine evidence of first- and second-generation models of R&D-based endogenous growth focusing on innovation (patent) quality. We show that Schumpeterian growth theories perform better than semi-endogenous growth models. (C) 2012 Elsevier B.V. All rights reserved.
引用
收藏
页码:74 / 77
页数:4
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