This paper analyzes the relationship between the entry of new firms and the innovation and productivity growth within … existing firms. In particular, we argue that liberalizing entry has a boosting effect on innovation and growth in those …

We analyze the relationship between inequality and economic growth from two directions. The first part of the survey … examines the effect of inequality on growth, showing that when capital markets are imperfect, there is not necessarily a trade … impact of inequality and the positive effect of redistribution upon growth. The second part analyzes several mechanisms …

international differences in post-crisis GDP growth. …

international differences in post-crisis GDP growth. …

In this chapter we argue that the endogenous growth model with quality-improving innovations provides a framework for … analyzing the determinants of long-run growth and convergence that is versatile, simple and empirically useful. Versatile, as … the same framework can be used to analyze how growth interacts with development and cross-country convergence and …

In this paper we present the so-called Schumpeterian approach to economic growth, in which growth is primarily driven … micro-founded approach both, questions the old divisions between growth and development economics, and also provides the … analytical tools to design successful; strategies and appropriate institutions to achieve fast convergence and sustainable growth …

How does firm entry affect innovation incentives and productivity growth in incumbent firms? Micro-data suggests that … not in laggard industries. To explain this pattern, we introduce entry into a Schumpeterian growth model with multiple … rich micro-level productivity growth and patent panel data for the UK, and controlling for the endogeneity of entry by …

development. Similar liberalization episodes are takingplace across the globe. We develop a simple Schumpeterian growth model to … same industrial sector, are likely to be heterogeneous leading toan increase in within industry inequality. Technologically … India for the period 1980-1997 con…rms that delicensingled to an increase in within industry inequality in industrial …

Schumpeterian growth theory has "operationalized" Schumpeter's notion of creative destruction by developing models … based on this concept. These models shed light on several aspects of the growth process that could not be properly addressed … market structure; (ii) firm dynamics; (iii) the relationship between growth and development with the notion of appropriate …