Long-term growth driven by a sequence of general purpose technologies

被引：14

作者：

Schaefer, Andreas ^{[1
]}

Schiess, Daniel ^{[2
]}

Wehrli, Roger ^{[3
]}

机构：

[1] Univ Leipzig, D-04109 Leipzig, Germany

[2] Swiss Fed Inst Technol, Zurich, Switzerland

[3] HSLU, Horw, Switzerland

来源：

ECONOMIC MODELLING | 2014年 / 37卷

关键词：

Schumpeterian growth; Research and development; General Purpose Technologies;

D O I：

10.1016/j.econmod.2013.10.014

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We present a Schumpterian model of endogenous growth with General Purpose Technologies (GPTs) that captures two important historical stylized facts: First, from the beginning of mankind until today GPTs are arriving at an increasing frequency and, second, all GPTs heavily depended on previous technologies. In our model, the arrival of GPTs is endogenous and arises stochastically depending on the currently available applied knowledge stock. This way of endogenizing the arrival of new GPTs allows for a model which is more in tune with the historical reality than the existing GPT models. (C) 2013 Elsevier B.V. All rights reserved.

引用

页码：23 / 31

页数：9

共 23 条

[1]

Acemoglu D., 2009, Introduction to Modern Economic Growth

[2]

Aghion P., 1998, Endogenous Growth Theory

[3]

Aghion P., 1998, General Purpose Technology and Growth

[4]

[Anonymous], 1998, GEN PURPOSE TECHNOLO