From Solow to Schumpeter: a two-stage endogenous model of economic growth
This paper studies the determinants which enable an economy to enter an innovation-driven growth stage. We present a model in which the final good is produced with labor and an intermediate good. This intermediate good is produced by default in a competitive market, but a firm can have the possibili...
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Universidad Torcuato Di Tella
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I57-R163-20.500.13098-15042024-01-03T20:31:34Z From Solow to Schumpeter: a two-stage endogenous model of economic growth Di Paolo, Ramiro Perkul, Guido Ponieman, Danilo Tempone, Pablo Espino, Emilio Universidad Torcuato Di Tella Crecimiento económico -- Modelos de crecimiento Crecimiento económico -- Estudios de casos Economía -- Teoría Tesis This paper studies the determinants which enable an economy to enter an innovation-driven growth stage. We present a model in which the final good is produced with labor and an intermediate good. This intermediate good is produced by default in a competitive market, but a firm can have the possibility to invest in research and development and, if successful, become the monopolist in the market for a period. Successful research generates improvements in productivity that make long term economic growth possible. We derive a condition to be met in order to initiate innovation, and additionally we analyze specific policies that may help commence innovation in an economy which originally does not meet the precedent condition. 2017-04-03T16:16:26Z 2017-04-03T16:16:26Z 2013 2013 info:eu-repo/semantics/bachelorThesis info:eu-repo/semantics/acceptedVersion https://repositorio.utdt.edu/handle/20.500.13098/1504 eng info:eu-repo/semantics/openAccess https://repositorio.utdt.edu/static/license/license-utdt.pdf 26 p. : application/pdf application/pdf application/zip Universidad Torcuato Di Tella |
institution |
Universidad Torcuato Di Tella |
institution_str |
I-57 |
repository_str |
R-163 |
collection |
Repositorio Digital Universidad Torcuato Di Tella |
language |
Inglés |
orig_language_str_mv |
eng |
topic |
Crecimiento económico -- Modelos de crecimiento Crecimiento económico -- Estudios de casos Economía -- Teoría Tesis |
spellingShingle |
Crecimiento económico -- Modelos de crecimiento Crecimiento económico -- Estudios de casos Economía -- Teoría Tesis Di Paolo, Ramiro Perkul, Guido Ponieman, Danilo Tempone, Pablo From Solow to Schumpeter: a two-stage endogenous model of economic growth |
topic_facet |
Crecimiento económico -- Modelos de crecimiento Crecimiento económico -- Estudios de casos Economía -- Teoría Tesis |
description |
This paper studies the determinants which enable an economy to enter an innovation-driven growth stage. We present a model in which the final good is produced with labor and an intermediate good. This intermediate good is produced by default in a competitive market, but a firm can have the possibility to invest in research and development and, if successful, become the monopolist in the market for a period. Successful research generates improvements in productivity that make long term economic growth possible. We derive a condition to be met in order to initiate innovation, and additionally we analyze specific policies that may help commence innovation in an economy which originally does not meet the precedent condition. |
author2 |
Espino, Emilio |
author_facet |
Espino, Emilio Di Paolo, Ramiro Perkul, Guido Ponieman, Danilo Tempone, Pablo |
format |
Tesis de grado acceptedVersion |
author |
Di Paolo, Ramiro Perkul, Guido Ponieman, Danilo Tempone, Pablo |
author_sort |
Di Paolo, Ramiro |
title |
From Solow to Schumpeter: a two-stage endogenous model of economic growth |
title_short |
From Solow to Schumpeter: a two-stage endogenous model of economic growth |
title_full |
From Solow to Schumpeter: a two-stage endogenous model of economic growth |
title_fullStr |
From Solow to Schumpeter: a two-stage endogenous model of economic growth |
title_full_unstemmed |
From Solow to Schumpeter: a two-stage endogenous model of economic growth |
title_sort |
from solow to schumpeter: a two-stage endogenous model of economic growth |
publisher |
Universidad Torcuato Di Tella |
publishDate |
2017 |
url |
https://repositorio.utdt.edu/handle/20.500.13098/1504 |
work_keys_str_mv |
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_version_ |
1808040589116047360 |