The economics of growth and technical change: technologies, nations, agents
Saved in:
| Format: | Book |
|---|---|
| Language: | English |
| Published: |
Aldershot u.a.
Elgar
1994
|
| Subjects: | |
| Online Access: | Inhaltsverzeichnis |
| Physical Description: | XVII, 343 S. graph. Darst. |
| ISBN: | 1852789581 |
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| 245 | 1 | 0 | |a The economics of growth and technical change |b technologies, nations, agents |c ed. by Gerald Silverberg ... |
| 264 | 1 | |a Aldershot u.a. |b Elgar |c 1994 | |
| 300 | |a XVII, 343 S. |b graph. Darst. | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
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| 650 | 7 | |a Economische ontwikkeling |2 gtt | |
| 650 | 7 | |a Technische ontwikkeling |2 gtt | |
| 650 | 4 | |a Wirtschaftsentwicklung | |
| 650 | 4 | |a Technological innovations -- Economic aspects | |
| 650 | 4 | |a Economic development | |
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Record in the Search Index
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| adam_text | Contents
List of Figures ix
List of Tables xiii
List of Contributors xv
1 Introduction 1
Gerald Silverberg and Luc Soete
PART I THE TECHNOLOGY GROWTH INTERACTION
2 The Production and Distribution of Knowledge 9
Kenneth J. Arrow
3 Endogenous Growth Theory, Convergence and Divergence 20
Bruno Amable
4 Do Economies Diverge? 45
Richard H. Day
Comment on Day 64
Paul David
5 Growth Fluctuations in an Evolutionary Model of
Creative Destruction 74
Gerald Silverberg and Doris Lehnert
Comment on Silverberg and Lehnert 109
Paul Romer
v
vi The Economics of Growth and Technical Change
PART II INTERNATIONAL DISPARITIES IN GROWTH AND
TECHNOLOGICAL PERFORMANCE
6 Convergence and Divergence in the Long term Growth of
Open Economies 119
Giovanni Dosi and Silvia Fabiani
Comment on Dosi and Fabiani 147
Franz Palm
1 Technology and Growth: the Complex Dynamics of Convergence
and Divergence 154
Bart Verspagen
Comment on Verspagen 182
Jan Fagerberg
8 Productivity Growth and Capital Intensity on the Sector
and Industry Level: Specialisation among OECD Countries,
1970 1988 185
Edward N. Wolff
Comment on Wolff 212
Thijs ten Raa
PART III MICROECONOMIC FOUNDATIONS OF GROWTH AND
TECHNOLOGY DIFFUSION
9 Dynamic Oligopolistic Pricing with Endogenous Change in
Market Structure and Market Potential in an Epidemic
Diffusion Model 217
Thomas Ziesemer
Comment on Ziesemer 240
Gene Grossman
10 Games with Changing Payoffs 244
Reinoud Joosten, Hans Peters and Frank Thuijsman
Comment on Joosten, Peters and Thuijsman 258
Kenneth J. Arrow and Fernando Vega Redondo
i
Contents vii
11 The Method of Generalised Urn Schemes in the Analysis of
Technological and Economic Dynamics 261
Giovanni Dosi and Yuri Kaniovski
Comment on Dosi and Kaniovski 285
Sidney Winter
12 What has been the Matter with Neoclassical Growth Theory? 290
Richard R. Nelson
Author Index 325
Subject Index 331
Figures
C4.1a Classical demographic equilibria 67
C4.1b Population dynamics 67
C4.2 The Malthus space 67
C4.3 The Solow Boserup Space 69
C4.4 Dynamics of the system with a unique stable attractor 70
C4.5 Dynamics of system with two regimes (non intersecting) 70
5.1 Contours of equal selective potential in the a c (Fig. 5.1a)
and a m (Fig. 5.1b) planes 79
5.2 Schematic representation of the capital stock dynamics 81
5.3a An empirical case of multiple replacement taken from the
primary energy sector in the US (after Nakicenovic 1987) 83
5.3b Multiple replacement in our artificial economy 84
5.3c Multiple replacement in the same run as in 5.3b but with
an ST investment parameter s of 0.5 84
5.4 Artificial time series for unemployment, average profitability
and growth rate of productivity for a run with CO = 2 years
and x = 2% 85
5.5a Spectral density of aggregate productivity growth rate with
co = 2 years, x = 2% / yr 86
5.5b Autocorrelation function of productivity and GNP growth rates 86
5.6 Spectral density of productivity growth rate of the same run
as in Figure 5.4 but with an ST parameter value of 2 89
5.7 Time series of aggregate productivity growth rate and
innovation dates (vertical dotted lines) for a run with
co = 8 years 89
5.8 Cross correlation of the productivity growth rate and a 28 year
moving average of the annual number of innovations 90
5.9 Time series of productivity growth rate and a 28 year moving
average of innovations for the benchmark run 90
5.10 The spectral density of a 28 year moving average of the
innovation rate 91
5.11 Correlation dimension for 28 year moving average of Poisson
distributed innovation rate (co = 1) 93
5.12 Correlation dimension for productivity growth rate (co = 2,
x = 2%) calculated with 6000 data points 93
ix
x The Economics of Growth and Technical Change
5.13 Correlation dimension for benchmark run and Soete Turner
investment function with s = 1 94
5.14 Z statistic of nonlinear predictability for the benchmark run
(8192 data points) and different embedding dimensions and
time delays for the phase space reconstruction 95
5.15 Power spectrum of rate of productivity growth plotted against
log of frequency 96
5.16 Spectrum of productivity growth rate when profits are allowed
to feedback with a lag on the probability of innovation 97
5.17 Histogram of Haustein Neuwirth innovation time series with
two fitted Poisson distributions 99
5.18a Haustein Neuwirth innovation time series, 1764 1975 101
5.18b Detrended Haustein Neuwirth time series after eliminating
exponential trend by nonlinear stretching of time axis 101
6.1 Dynamics of real income, two countries (log scale) 137
6.2 Per capita incomes in a sample of countries, simulation results 139
6.3 Standard deviation in growth rates 139
7.1 Convergence and divergence in per capita GDP in the twentieth
century 157
7.2 Growth of output and total R D stock, 1970 1985, the cross¬
country sample 163
7.3 Growth of output and business R D stock, 1970 1985, the
cross country sample 164
7.4 The value of V, 1953 1989 174
7.5 Sources of convergence over the period 1970 1985 176
8.1 Japanese labour productivity relative to the US by major
sector, 1970 and 1988 198
8.2 German and other OECD labour productivity relative to the
US by major sector, 1970 and 1988 198
8.3 Japanese labour productivity relative to the US by
manufacturing industry, 1970 and 1988 200
8.4 German and other OECD labour productivity relative to the US
by manufacturing sector, 1970 and 1988 200
9.1 p is the introductory price, p* is the long run price under
dynamic optimisation 223
9.2 Under dynamic optimisation the logistic curve leading to D is
generated by p 223
9.3 Jorgenson s (1989) case 224
9.4 (a) Metcalfe s (1981) case and (b) Glaister s (1974) case of
intertemporal price differentiation 225
9.5 Dynamics of market quantity y with threshold value y* 231
List of Figures xi
9.6 If initial value y,(0) and y2(0) are above the no growth line and
c,=0, both firms arrive at the zero profit line at t{, the finite
endogenous horizon value 231
9.7 If ct 0 and y2 Vi(0) the price of firm 1 will be so low that it
reaches the zero profit line and exits or becomes a Stackelberg
follower with a zero profit strategy 231
9.8 If Cj 0, small lc,l and y2 yi(0) drive firm 2 towards its zero
profit line and either to exit or to a Stackelberg follower
position 231
9.9 After firm 1 reaches the zero profit line 11 firm 2 extends its
market share in the Stackelberg phase 235
9.10 The differential game produces diffusion between 0 and t^ 235
10.1 Proposition 2 254
11.1 Dependence of prices of A and B on the market share of A 271
11.2 Probability of choosing A depending on its market share 274
11.3 The price of the cheapest of the two technologies as a function
of xA 277
Tables
5.1 Proportion of spectral variance in the range 40 to 80 years for
runs of length 1024 years and a range of relevant parameters 87
5.2 Proportion of spectral variance in the range 40 to 80 years for
runs of length 1024 years and different values of B and t 88
5.3 Proportion of spectral variance in the range 40 to 80 years for
the benchmark run with different values of ST parameter 88
5.4 Lag and moving average order for maximal cross correlation
between innovation and productivity growth rate time series
with and without ST investment term 91
5.5 Tests of Poisson distribution of original and detrended
innovation time series 102
6.1 Estimates of pre industrial per capita GNP (in 1960 US dollars) 122
6.2 Estimates of trends in per capita GNP 1750 1977 (in 1960 US
dollars) 123
6.3 Real GDP growth rates (in % p.a.) in various regions, 1965 89 123
6.4 Real per capita GDP growth rates (in % p.a.) 124
6.5 Autocorrelation of residuals: evolutionary simulation, real
business cycle , US data 138
7.1 Correlation matrix of the variables in the regressions 163
7.2 Regressions explaining growth of output 1970 1985 by growth
of various inputs (same period) and initial labour productivity
gap 166
7.3 Embodied knowledge spillovers and growth 168
7.4 Panel dataset regressions 172
7.5 Decomposition of convergence trends, 1971 1985 176
8.1 Labour productivity levels relative to the US for the total
economy among OECD countries, 1970 1988 188
8.2 Labour productivity levels relative to the US for total
manufacturing among OECD countries, 1970 1990 190
8.3 Translog total factor productivity (TFP) levels relative to the
US for the total economy and total manufacturing among
OECD countries, 1970 1988 191
8.4 Capital labour ratios (K/L) relative to the US and average
annual growth rates for the total economy and manufacturing
among OECD countries, 1970 1988 193
xiii
xiv The Economics of Growth and Technical Change
8.5 Labour productivity levels relative to the US, by major
sector and manufacturing industry among OECD countries,
1970 1988 196
8.6 TFP and capital labour (K/L) levels relative to the US, by
major sector and manufacturing industry among OECD
countries, 1970 1988 202
8.7 Regression of relative TFP growth on relative TFP level and
growth in relative capital intensity (manufacturing industry
sample) 207
8.8 Regression of relative TFP growth on relative TFP level and
growth in relative capital intensity (major sector sample) 208
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| spelling | The economics of growth and technical change technologies, nations, agents ed. by Gerald Silverberg ... Aldershot u.a. Elgar 1994 XVII, 343 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Desarrollo económico Economische ontwikkeling gtt Technische ontwikkeling gtt Wirtschaftsentwicklung Technological innovations -- Economic aspects Economic development Wachstumstheorie (DE-588)4128160-3 gnd rswk-swf Technischer Fortschritt (DE-588)4059252-2 gnd rswk-swf Wirtschaftswachstum (DE-588)4066527-6 gnd rswk-swf (DE-588)1071861417 Konferenzschrift 1992 Limburg Niederlande gnd-content Wirtschaftswachstum (DE-588)4066527-6 s Technischer Fortschritt (DE-588)4059252-2 s DE-604 Wachstumstheorie (DE-588)4128160-3 s Silverberg, Gerald Sonstige oth HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=006405306&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | The economics of growth and technical change technologies, nations, agents Desarrollo económico Economische ontwikkeling gtt Technische ontwikkeling gtt Wirtschaftsentwicklung Technological innovations -- Economic aspects Economic development Wachstumstheorie (DE-588)4128160-3 gnd Technischer Fortschritt (DE-588)4059252-2 gnd Wirtschaftswachstum (DE-588)4066527-6 gnd |
| subject_GND | (DE-588)4128160-3 (DE-588)4059252-2 (DE-588)4066527-6 (DE-588)1071861417 |
| title | The economics of growth and technical change technologies, nations, agents |
| title_auth | The economics of growth and technical change technologies, nations, agents |
| title_exact_search | The economics of growth and technical change technologies, nations, agents |
| title_full | The economics of growth and technical change technologies, nations, agents ed. by Gerald Silverberg ... |
| title_fullStr | The economics of growth and technical change technologies, nations, agents ed. by Gerald Silverberg ... |
| title_full_unstemmed | The economics of growth and technical change technologies, nations, agents ed. by Gerald Silverberg ... |
| title_short | The economics of growth and technical change |
| title_sort | the economics of growth and technical change technologies nations agents |
| title_sub | technologies, nations, agents |
| topic | Desarrollo económico Economische ontwikkeling gtt Technische ontwikkeling gtt Wirtschaftsentwicklung Technological innovations -- Economic aspects Economic development Wachstumstheorie (DE-588)4128160-3 gnd Technischer Fortschritt (DE-588)4059252-2 gnd Wirtschaftswachstum (DE-588)4066527-6 gnd |
| topic_facet | Desarrollo económico Economische ontwikkeling Technische ontwikkeling Wirtschaftsentwicklung Technological innovations -- Economic aspects Economic development Wachstumstheorie Technischer Fortschritt Wirtschaftswachstum Konferenzschrift 1992 Limburg Niederlande |
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