Tracing empirical trails of Schumpeterian development

Michael Peneder

A chapter in Entrepreneurships, the New Economy and Public Policy, 2005, pp 203-221 from Springer

Abstract: Abstract Schumpeterian development is characterized by the simultaneous interplay of growth and qualitative transformations of the economic system. At the sectoral level, such qualitative transformations become manifest as variations in the sectoral composition of production. Following the implementation of Harberger’s method of visualizing the impact of differential productivity growth, dynamic panel estimations are applied to a standard growth model modified to include specific structural variables for both the manufacturing and the services sectors. Covering 28 countries over the period between 1990 and 2000, the results give empirical substance to the evolutionary emphasis on Schumpeterian development as opposed to mere aggregate growth.

Keywords: Structural change; economic growth; Schumpeterian development; evolutionary economics (search for similar items in EconPapers)
Date: 2005
References: Add references at CitEc
Citations: View citations in EconPapers (2)

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

Related works:
Working Paper: Tracing Empirical Trails of Schumpeterian Development (2004)
Working Paper: Tracing Empirical Trails of Schumpeterian Development (2004)
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:sprchp:978-3-540-26994-6_12

Ordering information: This item can be ordered from
http://www.springer.com/9783540269946

DOI: 10.1007/3-540-26994-0_12

Access Statistics for this chapter

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