The New Theories of Endogenous Growth

Orlando A. Ochoa
Additional contact information
Orlando A. Ochoa: Instituto de Estudor Superiores de Administración

Chapter 2 in Growth, Trade and Endogenous Technology, 1996, pp 8-18 from Palgrave Macmillan

Abstract: Abstract This chapter presents the central theoretical underpinning of this research: the concept of technological knowledge accumulation and its implications for economic growth. Traditional work on economic growth, exemplified by Solow (1956) and Denison (1967), assumed that the rate of technological change was exogenous. Recently economists have started to model the process of knowledge accumulation. The resulting literature is known as endogenous growth theory.

Keywords: Human Capital; Knowledge Spillover; Endogenous Growth; Endogenous Growth Model; Neoclassical Model (search for similar items in EconPapers)
Date: 1996
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:pal:palchp:978-0-230-37778-3_2

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230377783

DOI: 10.1057/9780230377783_2

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().