Alternative theories on economic growth and the co-evolution of macro-dynamics and technological change: a survey

Patrick Llerena and André Lorentz

Working Papers from HAL

Abstract: This paper aims to propose an approach to endogeneous growth considering the relationship between macro-dynamics and technical change. We draw upon two stream of literature: Cumulative causation and its macroscopic view of economic dynamics, and Evo-lutionary economics and its focus on micro-determinants of technical change. This paper presents a survey of the formal representation of the growth process and identifies the possible bridges between these two approaches. Our claim is that merging these two distinct theories might offer a framework to consider the co-evolution of macro-dynamics and technical change.

Keywords: Economic Growth; Technical Change; Cumulative Causation; Evolutionary Theory (search for similar items in EconPapers)
Date: 2022-02-22
New Economics Papers: this item is included in nep-evo, nep-gro and nep-pke
Note: View the original document on HAL open archive server: https://hal.science/hal-00279328v1
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Related works:
Working Paper: Alternative Theories on Economic Growth and the Co-evolution of Macro-Dynamics and Technological Change: A survey (2003)
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