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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Autores principales: Di Paolo, Ramiro, Perkul, Guido, Ponieman, Danilo, Tempone, Pablo
Otros Autores: Espino, Emilio
Formato: Tesis de grado acceptedVersion
Lenguaje:Inglés
Publicado: Universidad Torcuato Di Tella 2017
Materias:
Acceso en línea:https://repositorio.utdt.edu/handle/20.500.13098/1504
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spelling 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
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AT perkulguido fromsolowtoschumpeteratwostageendogenousmodelofeconomicgrowth
AT poniemandanilo fromsolowtoschumpeteratwostageendogenousmodelofeconomicgrowth
AT temponepablo fromsolowtoschumpeteratwostageendogenousmodelofeconomicgrowth
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