New Combinations and Growth

Jürgen Antony

No 17, Working Papers from Bavarian Graduate Program in Economics (BGPE)

Abstract: 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 growth rates of final output production.

Keywords: Endogenous growth; new combinations (search for similar items in EconPapers)
JEL-codes: O31 O41 (search for similar items in EconPapers)
Pages: 36 pages
Date: 2007-02
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https://www.bgpe.de/files/2024/05/017_antony.pdf First version, 2007 (application/pdf)

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Working Paper: New Combinations and Growth (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:bav:wpaper:017_antony

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