Schumpeterian growth theory, Schumpeter, and growth policy design

Philippe Aghion () and Agnès Festré
Additional contact information
Philippe Aghion: PJSE - Paris Jourdan Sciences Economiques - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement, PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement, Department of Economics, Harvard University, Collège de France - Chaire Economie des institutions, de l'innovation et de la croissance - CdF (institution) - Collège de France

PSE-Ecole d'économie de Paris (Postprint) from HAL

Abstract: The purpose of this paper is to show that both Schumpeterian growth theory and Schumpeter's own thinking can be helpful in order to think about growth policy design and the role of the state. This reflection offers an economic policy roadmap and gives rise to concrete proposals in terms of an adequate mix of demand and supply-side options depending on the country's distance to the world technology frontier.

Keywords: Creative destruction; Distance-to-frontier; Endogenous innovation; Schumpeterian growth models; Growth policy design (search for similar items in EconPapers)
Date: 2017-01
References: Add references at CitEc
Citations: View citations in EconPapers (8)

Published in Journal of Evolutionary Economics, 2017, 27 (1), pp.25-42. ⟨10.1007/s00191-016-0465-5⟩

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

Related works:
Journal Article: Schumpeterian growth theory, Schumpeter, and growth policy design (2017)
Working Paper: Schumpeterian growth theory, Schumpeter, and growth policy design (2017)
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:hal:pseptp:halshs-01496912

DOI: 10.1007/s00191-016-0465-5

Access Statistics for this paper

More papers in PSE-Ecole d'économie de Paris (Postprint) from HAL
Bibliographic data for series maintained by Caroline Bauer ().