Resource title

New Combinations and Growth

Resource image

image for OpenScout resource :: New Combinations and Growth

Resource description

This paper develops an endogenous growth model based on the idea of new combinations of input factors as a growth mechanism. The model integrates the idea of several technologies used simultaneously in producing final output. Innovations are of the horizontal and vertical type and in addition of the type of new technologies which can be combined with existing ones. All types of innovations are endogenous and the occurrence of a new technology has stochastic elements as well. This leads to endogenous dynamics in the growth rates of final output production.

Resource author

J├╝rgen Antony

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/22813

Resource license

Adapt according to the presented license agreement and reference the original author.