Diversity and mechanisms of economic evolution

Agnieszka Lipieta () and Elżbieta Pliś ()
Additional contact information
Agnieszka Lipieta: Cracow University of Economics
Elżbieta Pliś: Cracow University of Economics

Journal of Evolutionary Economics, 2022, vol. 32, issue 4, No 7, 1265-1286

Abstract: Abstract In the paper, we examine the relationship between the diversity of a competitive economy and the mechanisms that appear within economic development. We use the concept of transformation of the economic system to analyze innovation in the economy. A properly defined diversity function allows us to measure the diversity of the production system of a given economy as well as to relate the obtained value to certain properties of the mechanisms of economic evolution defined in the Hurwicz conceptual apparatus. We show that innovative mechanisms and eco-mechanisms can increase the diversity of the analyzed economic system. The conclusions are the results of mathematical theorems.

Keywords: Economic evolution; Diversity; Mechanisms (search for similar items in EconPapers)
JEL-codes: C02 D82 O10 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s00191-022-00773-8 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:joevec:v:32:y:2022:i:4:d:10.1007_s00191-022-00773-8

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/191/PS2

DOI: 10.1007/s00191-022-00773-8

Access Statistics for this article

Journal of Evolutionary Economics is currently edited by Uwe Cantner, Elias Dinopoulos, Horst Hanusch and Luigi Orsenigo

More articles in Journal of Evolutionary Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().