Horizontal innovation in the theory of growth and development

Gino Gancia and Fabrizio Zilibotti

Economics Working Papers from Department of Economics and Business, Universitat Pompeu Fabra

Abstract: We analyze recent contributions to growth theory based on the model of expanding variety of Romer (1990). In the first part, we present different versions of the benchmark linear model with imperfect competition. These include the “labequipment” model, labor-for-intermediates” and “directed technical change”. We review applications of the expanding variety framework to the analysis of international technology diffusion, trade, cross-country productivity differences, financial development and fluctuations. In many such applications, a key role is played by complementarities in the process of innovation.

Keywords: appropriate technology; complementarity; cycles; convergence; directed technical change; endogenous growth; expanding variety; financial development; imperfect competition; integration; innovation (search for similar items in EconPapers)
JEL-codes: D92 E32 F12 F15 F43 G22 O11 O16 O31 O33 (search for similar items in EconPapers)
Date: 2005-01
New Economics Papers: this item is included in nep-dev, nep-fin and nep-ino
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (98)

Downloads: (external link)
https://econ-papers.upf.edu/papers/831.pdf Whole Paper (application/pdf)

Related works:
Working Paper: Horizontal Innovation in the Theory of Growth and Development (2015)
Chapter: Horizontal Innovation in the Theory of Growth and Development (2005)
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:upf:upfgen:831

Access Statistics for this paper

More papers in Economics Working Papers from Department of Economics and Business, Universitat Pompeu Fabra
Bibliographic data for series maintained by (william.carlson@upf.edu this e-mail address is bad, please contact repec@repec.org).