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Intellectual property law and public sponsorship of R&D in a Schumpeterian growth model with fundamental and applied R&D

Gray, Elie - In: Revue d'économie politique 128 (2018) 5, pp. 807-848

Persistent link: https://www.econbiz.de/10012266621

On business cycles and growth

Orlando, Giuseppe; Sportelli, Mario C. - In: Nonlinearities in economics : an interdisciplinary …, (pp. 153-168). 2021

In this chapter, we outline the reasons why economics has been concerned with non-linear dynamics, with a particular focus on business cycles and on economic growth. Using varying perspectives, we discuss the salient historical mathematical approaches to the problem and the results that were...

Persistent link: https://www.econbiz.de/10012648040

Growth and cycles as a struggle: Lotka-Volterra, Goodwin and Phillips

Orlando, Giuseppe; Sportelli, Mario C. - In: Nonlinearities in economics : an interdisciplinary …, (pp. 191-208). 2021

In this chapter, we describe growth and cycles in economics as a struggle between capitalists and workers. We first present the Phillips curve (which statistically relates unemployment with the rate of change of nominal wages) and then the Goodwin model. The latter reinterprets, in economical...

Persistent link: https://www.econbiz.de/10012648043

Polanyi and Schumpeter : transitional processes via societal spheres

Hager, Theresa; Heck, Ines; Rath, Johanna - In: The European journal of the history of economic thought 29 (2022) 6, pp. 1089-1110

Persistent link: https://www.econbiz.de/10013493172

Schumpeter revival? : how neoliberals revisedthe image of the entrepreneur

Plehwe, Dieter - In: Nine lives of neoliberalism, (pp. 120-142). 2020

Persistent link: https://www.econbiz.de/10012244517

An empirical test of Harrod's model

Orlando, Giuseppe; Della Rossa, Fabio - In: Nonlinearities in economics : an interdisciplinary …, (pp. 283-294). 2021

After having illustrated in Chap. 13 the Harrod’s model and a chaotic specification of it, in this Chapter we are going to prove that (1) real data could be obtained by a suitable calibration of model’s parameters, (2) the calibrated model confirms theoretical predictions (Orlando and Della...

Persistent link: https://www.econbiz.de/10012648049

Innovation, decentralization, and planning in a multi-region model of Schumpeterian economic growth

Batabyal, Amitrajeet A.; Nijkamp, Peter - 2014

We study innovation and the resulting Schumpeterian economic growth that this innovation gives rise to in a model with … balanced growth path (BGP) allocations and the equilibrium of interest. Second, we stipulate the form of the innovation … circumstances in which there is either too much or too little innovation in (i) the ith region, (ii) the aggregate economy of N>2 …

Persistent link: https://www.econbiz.de/10011491971

Schumpeterian incumbents and industry evolution

Bünstorf, Guido - In: Foundations of economic change : a Schumpeterian view …, (pp. 283-297). 2017

Persistent link: https://www.econbiz.de/10011889518

Recurrence quantification analysis : theory and applications

Orlando, Giuseppe; Zimatore, Giovanna; Giuliani, Alessandro - In: Nonlinearities in economics : an interdisciplinary …, (pp. 141-150). 2021

Complex systems are characterized by deterministic laws (which often may be hidden) and randomness. A tool to analyse those systems is recurrence quantification analysis (RQA). RQA does not rely on any sort of assumption of stationarity and is not sensitive to singularities and transitions. It...

Persistent link: https://www.econbiz.de/10012648038

Kaldor-Kalecki new model on business cycles

Orlando, Giuseppe - In: Nonlinearities in economics : an interdisciplinary …, (pp. 247-268). 2021

R.G. Goodwin mentioned that "economists will be led, as natural scientists have been led, to seek in nonlinearities an explanation of the maintenance of oscillation" (Goodwin, Econometrica 19(1), 1951); following this reasoning, we studied business cycles as if they were generated by nonlinear...

Persistent link: https://www.econbiz.de/10012648046