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of growth. Second, we provide an overview of the literature on sectoral innovation patterns as well as of recent evidence … final part we present productivity decompositions using a sectoral innovation taxonomy to study the contribution of … different groups of activities characterized by heterogeneous innovation patterns. Our results suggest that structural change …
Persistent link: https://www.econbiz.de/10012020146
In this paper we present a multi-country, multi-industry agent-based model investigating the different growth patterns of interdependent economies. Each country features a Schumpeterian engine of endogenous technical change which interacts with Keyneasian/Kaldorian demand generation mechanisms....
Persistent link: https://www.econbiz.de/10011763040