Product variety, product quality, and evidence of Schumpeterian endogenous growth: a note

Francesco Venturini ()

No 93/2011, Quaderni del Dipartimento di Economia, Finanza e Statistica from Università di Perugia, Dipartimento Economia

Abstract: Using US manufacturing industry data, this paper re-examines empirical evidence of first- and second-generation Schumpeterian models of endogenous growth focusing on innovation (patent) quality. It shows that semi-endogenous growth models behave better than the other strands of Schumpeterian theory especially in the knowledge-intensive section of the economy.

Keywords: fully endogenous growth theory; semi-endogenous growth theory; innovation quality; US manufacturing; high-tech industries. (search for similar items in EconPapers)
JEL-codes: O3 O4 (search for similar items in EconPapers)
Pages: 10 pages
Date: 2011-07-01
New Economics Papers: this item is included in nep-fdg, nep-hme and nep-ino
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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