Uncertainty and economic growth in a stochastic R&D model
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Fwu-Ranq Chang & A. G. Malliaris, 2005.
"Asymptotic Growth under Uncertainty: Existence and Uniqueness,"
World Scientific Book Chapters, in: Economic Uncertainty, Instabilities And Asset Bubbles Selected Essays, chapter 1, pages 3-8,
World Scientific Publishing Co. Pte. Ltd..
- Fwu-Ranq Chang & A. G. Malliaris, 1987. "Asymptotic Growth under Uncertainty: Existence and Uniqueness," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 54(1), pages 169-174.
- Aghion, Philippe & Howitt, Peter, 1992.
"A Model of Growth through Creative Destruction,"
Econometrica, Econometric Society, vol. 60(2), pages 323-351, March.
- Aghion, P. & Howitt, P., 1989. "A Model Of Growth Through Creative Destruction," University of Western Ontario, Departmental Research Report Series 8904, University of Western Ontario, Department of Economics.
- Aghion, Philippe & Howitt, Peter, 1992. "A Model of Growth Through Creative Destruction," Scholarly Articles 12490578, Harvard University Department of Economics.
- Aghion, P. & Howitt, P., 1990. "A Model Of Growth Through Creative Destruction," DELTA Working Papers 90-12, DELTA (Ecole normale supérieure).
- Philippe Aghion & Peter Howitt, 1990. "A Model of Growth Through Creative Destruction," NBER Working Papers 3223, National Bureau of Economic Research, Inc.
- Aghion, P. & Howitt, P., 1989. "A Model Of Growth Through Creative Destruction," Working papers 527, Massachusetts Institute of Technology (MIT), Department of Economics.
- Robert M. Solow, 1956. "A Contribution to the Theory of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 70(1), pages 65-94.
- Romer, Paul M, 1990.
"Endogenous Technological Change,"
Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 71-102, October.
- Paul Romer, 1989. "Endogenous Technological Change," NBER Working Papers 3210, National Bureau of Economic Research, Inc.
- Paul M Romer, 1999. "Endogenous Technological Change," Levine's Working Paper Archive 2135, David K. Levine.
- Robert C. Merton, 1975.
"An Asymptotic Theory of Growth Under Uncertainty,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 42(3), pages 375-393.
- Merton, Robert C., 1973. "An asymptotic theory of growth under uncertainty," Working papers 673-73., Massachusetts Institute of Technology (MIT), Sloan School of Management.
- Grier, Kevin B. & Tullock, Gordon, 1989. "An empirical analysis of cross-national economic growth, 1951-1980," Journal of Monetary Economics, Elsevier, vol. 24(2), pages 259-276, September.
- Jones, Charles I, 1995. "R&D-Based Models of Economic Growth," Journal of Political Economy, University of Chicago Press, vol. 103(4), pages 759-784, August.
- Bourguignon, Francois, 1974. "A particular class of continuous-time stochastic growth models," Journal of Economic Theory, Elsevier, vol. 9(2), pages 141-158, October.
- de Hek, Paul A, 1999. "On Endogenous Growth under Uncertainty," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 40(3), pages 727-744, August.
- Kormendi, Roger C. & Meguire, Philip G., 1985. "Macroeconomic determinants of growth: Cross-country evidence," Journal of Monetary Economics, Elsevier, vol. 16(2), pages 141-163, September.
- Binder, Michael & Pesaran, M Hashem, 1999. "Stochastic Growth Models and Their Econometric Implications," Journal of Economic Growth, Springer, vol. 4(2), pages 139-183, June.
- Joshi, Sumit, 1998. "A framework to analyze comparative dynamics in a continuous time stochastic growth model," Economic Modelling, Elsevier, vol. 15(1), pages 125-134, January.
- Victor Zarnowitz & Geoffrey H. Moore, 1986. "Major Changes in Cyclical Behavior," NBER Chapters, in: The American Business Cycle: Continuity and Change, pages 519-582, National Bureau of Economic Research, Inc.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Zhang, Mengqing & Zhang, Qimin, 2019. "A positivity preserving numerical method for stochastic R&D model," Applied Mathematics and Computation, Elsevier, vol. 351(C), pages 193-203.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Turnovsky, S., 2000.
"Growth in an Open Economy: some Recent Developments,"
Papers
5, Warwick - Development Economics Research Centre.
- Stephen J. Turnovsky, 2000. "Growth in an open economy: some recent developments," Working Paper Research 05, National Bank of Belgium.
- Stephen Turnovsky, 2000. "Growth in an Open Economy: Some Recent Developments," Working Papers 0015, University of Washington, Department of Economics.
- Stephen Turnovsky, 2000. "Growth in an Open Economy: Some Recent Developments," Discussion Papers in Economics at the University of Washington 0015, Department of Economics at the University of Washington.
- Durlauf, Steven N. & Quah, Danny T., 1999.
"The new empirics of economic growth,"
Handbook of Macroeconomics, in: J. B. Taylor & M. Woodford (ed.), Handbook of Macroeconomics, edition 1, volume 1, chapter 4, pages 235-308,
Elsevier.
- Durlauf,S.N. & Quah,D.T., 1998. "The new empirics of economic growth," Working papers 3, Wisconsin Madison - Social Systems.
- S Durlauf & Danny Quah, 1998. "The New Empirics of Economic Growth," CEP Discussion Papers dp0384, Centre for Economic Performance, LSE.
- Steven N. Durlauf & Danny T. Quah, 1998. "The New Empirics of Economic Growth," NBER Working Papers 6422, National Bureau of Economic Research, Inc.
- Steven N. Durlauf & Danny T. Quah, 1998. "The New Empirics of Economic Growth," Working Papers 98-01-012, Santa Fe Institute.
- Renelt, David, 1991. "Economic growth : a review of the theoretical and empirical literature," Policy Research Working Paper Series 678, The World Bank.
- Leon-Gonzalez, Roberto & Vinayagathasan, Thanabalasingam, 2015.
"Robust determinants of growth in Asian developing economies: A Bayesian panel data model averaging approach,"
Journal of Asian Economics, Elsevier, vol. 36(C), pages 34-46.
- Roberto Leon-Gonzalez & Thanabalasingam Vinayagathasan, 2013. "Robust Determinants of Growth in Asian Developing Economies: A Bayesian Panel Data Model Averaging Approach," GRIPS Discussion Papers 13-12, National Graduate Institute for Policy Studies.
- Roberto Leon-Gonzalez & Thanabalasingam Vinayagathasan, 2015. "Robust Determinants of Growth in Asian Developing Economies: A Bayesian Panel Data Model Averaging Approach," GRIPS Discussion Papers 15-15, National Graduate Institute for Policy Studies.
- Arvanitidis, Paschalis & Petrakos, George & Pavleas, Sotiris, 2007. "Determinants of economic growth: the experts’ view," Papers DYNREG20, Economic and Social Research Institute (ESRI).
- Levine, Ross & Renelt, David, 1991. "Cross-country studies of growth and policy : methodological, conceptual, and statistical problems," Policy Research Working Paper Series 608, The World Bank.
- Edinaldo Tebaldi & Bruce Elmslie, 2008.
"Institutions, Innovation And Economic Growth,"
Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 33(2), pages 27-53, December.
- Tebaldi, Edinaldo & Elmslie, Bruce, 2008. "Institutions, Innovation and Economic Growth," MPRA Paper 9683, University Library of Munich, Germany.
- Panagiotis Artelaris & Paschalis A. Arvanitidis & George Petrakos, 2011.
"Convergence patterns in the world economy: exploring the nonlinearity hypothesis,"
Journal of Economic Studies, Emerald Group Publishing Limited, vol. 38(3), pages 236-252, August.
- Artelaris, Panagiotis & Arvanitidis, Paschalis & Petrakos, George, 2008. "Convergence Patterns in the World Economy: Exploring the Non-Linearity Hypothesis," Papers dynreg32, Economic and Social Research Institute (ESRI).
- Benjamin Montmartin & Nadine Massard, 2015.
"Is Financial Support For Private R&D Always Justified? A Discussion Based On The Literature On Growth,"
Journal of Economic Surveys, Wiley Blackwell, vol. 29(3), pages 479-505, July.
- Benjamin Montmartin & Nadine Massard, 2013. "Is Financial Support for Private R&D Always Justified? A Discussion Based on the Literature on Growth," GREDEG Working Papers 2013-34, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
- Benjamin Montmartin & Nadine Massard, 2013. "Is financial support for private R&D always justified ? A discussion based on literature on growth," Working Papers halshs-00864011, HAL.
- Benjamin Montmartin & Nadine Massard, 2013. "Is financial support for private R&D always justified ? A discussion based on literature on growth," Working Papers 1328, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
- Pop Silaghi, Monica Ioana & Alexa, Diana & Jude, Cristina & Litan, Cristian, 2014.
"Do business and public sector research and development expenditures contribute to economic growth in Central and Eastern European Countries? A dynamic panel estimation,"
Economic Modelling, Elsevier, vol. 36(C), pages 108-119.
- Pop-Silaghi, Monica & Jude, Cristina & Alexa, Diana & Litan, Cristian, 2012. "Do business and public sector research and development expenditures contribute to economic growth in central and eastern European countries? A dynamic panel estimation," Economics Discussion Papers 2012-4, School of Economics, Kingston University London.
- Ramesh Chandra Das & Sujata Mukherjee, 2020. "Do Spending on R&D Influence Income? An Enquiry on the World’s Leading Economies and Groups," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 11(4), pages 1295-1315, December.
- Claude Diebolt & Tapas Mishra & Bazoumana Ouattara & Mamata Parhi, 2010. "Does democratic distance matter for cross-country growth interdependence?," Working Papers 10-12, Association Française de Cliométrie (AFC).
- Gancia, Gino & Zilibotti, Fabrizio, 2005.
"Horizontal Innovation in the Theory of Growth and Development,"
Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 3, pages 111-170,
Elsevier.
- Gino Gancia & Fabrizio Zilibotti, 2005. "Horizontal innovation in the theory of growth and development," Economics Working Papers 831, Department of Economics and Business, Universitat Pompeu Fabra.
- Gino Gancia & Fabrizio Zilibotti, 2015. "Horizontal Innovation in the Theory of Growth and Development," Working Papers 200, Barcelona School of Economics.
- Ribeiro, M.J., 2000.
"A Nonscale Growth Model with R&D and Human Capital Accumulation,"
The Warwick Economics Research Paper Series (TWERPS)
574, University of Warwick, Department of Economics.
- Maria João Ribeiro Thompson, 2003. "A Nonscale Growth Model with R&D and Human Capital Accumulation," NIPE Working Papers 5/2003, NIPE - Universidade do Minho.
- Sefa Awaworyi Churchill & Mehmet Ugur & Siew Ling Yew, 2017.
"Does Government Size Affect Per-Capita Income Growth? A Hierarchical Meta-Regression Analysis,"
The Economic Record, The Economic Society of Australia, vol. 93(300), pages 142-171, March.
- Awawoyi, Sefa & Ugur, Mehmet & Yew, Siew Ling, 2015. "Does government size affect per-capita income growth? A hierarchical meta-regression analysis," Greenwich Papers in Political Economy 14071, University of Greenwich, Greenwich Political Economy Research Centre.
- Churchill, Sefa Awaworyi & Ugur, Mehmet & Yew, Siew Ling, 2016. "Does government size affect per-capita income growth? A Hierarchical meta-regression analysis," Greenwich Papers in Political Economy 16016, University of Greenwich, Greenwich Political Economy Research Centre.
- Awaworyi Churchill, Sefa & Yew, Siew Ling & Ugur, Mehmet, 2015. "Does government size affect per-capita income growth? A Hierarchical meta-regression analysis," EconStor Preprints 110897, ZBW - Leibniz Information Centre for Economics.
- Awaworyi Churchill, Sefa & Yew, Siew Ling & Ugur, Mehmet, 2015. "Does government size affect per-capita income growth? A Hierarchical meta-regression analysis," EconStor Preprints 110903, ZBW - Leibniz Information Centre for Economics.
- Awaworyi, Sefa & Ugur, Mehmet & Yew, Siew Ling, 2015. "Does government size affect per-capita income growth? A Hierarchical meta-regression analysis," MPRA Paper 68006, University Library of Munich, Germany, revised 18 Nov 2015.
- Drine, Imed, 2012.
"Institutions, governance and technology catch-up in North Africa,"
Economic Modelling, Elsevier, vol. 29(6), pages 2155-2162.
- Imed Drine, 2011. "Institutions, Governance and Technology catch-up in North Africa," William Davidson Institute Working Papers Series wp1017, William Davidson Institute at the University of Michigan.
- Etro, Federico, 2023.
"Technologies for endogenous growth,"
Journal of Mathematical Economics, Elsevier, vol. 105(C).
- Federico Etro, 2021. "Technologies for Endogenous Growth," Working Papers - Economics wp2021_20.rdf, Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa.
- Adriana Di Liberto, 2007.
"Convergence and Divergence in Neoclassical Growth Models with Human Capital,"
Economia politica, Società editrice il Mulino, issue 2, pages 289-322.
- A. Di Liberto, 2005. "Convergence and divergence in Neoclassical Growth models with human capital," Working Paper CRENoS 200508, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
- Paul Johnson & Chris Papageorgiou, 2020.
"What Remains of Cross-Country Convergence?,"
Journal of Economic Literature, American Economic Association, vol. 58(1), pages 129-175, March.
- Johnson, Paul & Papageorgiou, Chris, 2018. "What Remains of Cross-Country Convergence?," MPRA Paper 89355, University Library of Munich, Germany.
- Bloom, David E. et.al., 2013.
"Economic impact of non-communicable disease in China and India: Estimates, projections and comparisons,"
Working Papers
300, Institute for Social and Economic Change, Bangalore.
- David E. Bloom & Elizabeth T. Cafiero & Mark E. McGovern & Klaus Prettner & Anderson Stanciole & Jonathan Weiss & Samuel Bakkila & Larry Rosenberg, 2013. "The Economic Impact of Non-Communicable Disease in China and India: Estimates, Projections, and Comparisons," NBER Working Papers 19335, National Bureau of Economic Research, Inc.
- David E. Bloom & Elizabeth T. Cafiero & Mark E. McGovern & Klaus Prettner & Anderson Stanciole & Jonathan Weiss & Samuel Bakkila & Larry Rosenberg, 2013. "The Economic Impact of Non-communicable Disease in China and India: Estimates, Projections, and Comparisons," PGDA Working Papers 10713, Program on the Global Demography of Aging.
- Bloom, David E. & Cafiero, Elizabeth T. & McGovern, Mark E. & Prettner, Klaus & Stanciole, Anderson & Weiss, Jonathan & Bakkila, Samuel & Rosenberg, Larry, 2013. "The Economic Impact of Non-communicable Disease in China and India: Estimates, Projections, and Comparisons," IZA Discussion Papers 7563, Institute of Labor Economics (IZA).
More about this item
Keywords
Lotka-Volterra system Brownian motion R&D model Polynomial growth Stochastic differential equation Ito formula;Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecmode:v:25:y:2008:i:6:p:1306-1317. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/30411 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.