Growth and welfare effects of stabilizing innovation cycles
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
- Romer, Paul M, 1986.
"Increasing Returns and Long-run Growth,"
Journal of Political Economy, University of Chicago Press, vol. 94(5), pages 1002-1037, October.
- Paul M Romer, 1999. "Increasing Returns and Long-Run Growth," Levine's Working Paper Archive 2232, David K. Levine.
- Kiminori Matsuyama & Kazuo Ueda, 1995. "Economics of Transition," NBER Books, National Bureau of Economic Research, Inc, number ito_95-1.
- 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.
- Guo, Jang-Ting & Lansing, Kevin J., 1998.
"Indeterminacy and Stabilization Policy,"
Journal of Economic Theory, Elsevier, vol. 82(2), pages 481-490, October.
- Jang-Ting Guo & Kevin J. Lansing, 1997. "Indeterminacy and stabilization policy," Working Papers (Old Series) 9708, Federal Reserve Bank of Cleveland.
- Christiano, Lawrence J. & G. Harrison, Sharon, 1999.
"Chaos, sunspots and automatic stabilizers,"
Journal of Monetary Economics, Elsevier, vol. 44(1), pages 3-31, August.
- Lawrence J. Christiano & Sharon G. Harrison, 1996. "Chaos, sunspots, and automatic stabilizers," Staff Report 214, Federal Reserve Bank of Minneapolis.
- Lawrence J. Christiano & Sharon G. Harrison, 1996. "Chaos, sunspots, and automatic stabilizers," Working Paper Series, Macroeconomic Issues WP-96-16, Federal Reserve Bank of Chicago.
- Lawrence J. Christiano & Sharon G. Harrison, 1996. "Chaos, Sunspots, and Automatic Stabilizers," NBER Working Papers 5703, National Bureau of Economic Research, Inc.
- Grandmont, Jean-Michel, 1985.
"On Endogenous Competitive Business Cycles,"
Econometrica, Econometric Society, vol. 53(5), pages 995-1045, September.
- Grandmont Jean-michel, 1983. "On endogenous competitive business cycles," CEPREMAP Working Papers (Couverture Orange) 8316, CEPREMAP.
- Patrick Francois & Huw Lloyd-Ellis, 2003. "Animal Spirits Through Creative Destruction," American Economic Review, American Economic Association, vol. 93(3), pages 530-550, June.
- Schmitt-Grohe, Stephanie & Uribe, Martin, 1997.
"Balanced-Budget Rules, Distortionary Taxes, and Aggregate Instability,"
Journal of Political Economy, University of Chicago Press, vol. 105(5), pages 976-1000, October.
- Stephanie Schmitt-Grohe & Martin Uribe, 1995. "Balanced-budget rules, distortionary taxes, and aggregate instability," Finance and Economics Discussion Series 95-44, Board of Governors of the Federal Reserve System (U.S.).
- Segerstrom, Paul S, 2000.
"The Long-Run Growth Effects of R&D Subsidies,"
Journal of Economic Growth, Springer, vol. 5(3), pages 277-305, September.
- Segerstrom, Paul S., 1998. "The Long-Run Growth Effects of R&D Subsidies," Working Paper Series 506, Research Institute of Industrial Economics.
- 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.
- Shleifer, Andrei, 1986.
"Implementation Cycles,"
Journal of Political Economy, University of Chicago Press, vol. 94(6), pages 1163-1190, December.
- Shleifer, Andrei, 1986. "Implementation Cycles," Scholarly Articles 3451303, Harvard University Department of Economics.
- Marta Aloi & Teresa Lloyd-Braga & Hans Jørgen Whitta-Jacobsen, 2003.
"Endogenous business cycles and systematic stabilization policy,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 44(3), pages 895-915, August.
- Marta Aloi & Teresa Lloyd-Braga & Hans Jørgen Whitta-Jacobsen, 2002. "Endogenous Business Cycles and Systematic Stabilization Policy," EPRU Working Paper Series 02-15, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics, revised Sep 2002.
- Marta Aloi & Teresa Lloyd-Braga & Hans Jørgen Whitta-Jacobsen, 2002. "Endogenous Business Cycles and Systematic Stabilization Policy," EPRU Working Paper Series 02-03, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics.
- Crafts, Nicholas, 1999. "Implications of Financial Crisis for East Asian Trend Growth," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 15(3), pages 110-131, Autumn.
- Grandmont, Jean-Michel, 1986.
"Stabilizing competitive business cycles,"
Journal of Economic Theory, Elsevier, vol. 40(1), pages 57-76, October.
- Grandmont Jean-michel, 1985. "Stabilizing competitive business cycles," CEPREMAP Working Papers (Couverture Orange) 8518, CEPREMAP.
- Kiminori Matsuyama, 1999.
"Growing Through Cycles,"
Econometrica, Econometric Society, vol. 67(2), pages 335-348, March.
- Kiminori Matsuyama, 1996. "Growing Through Cycles," Discussion Papers 1203, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Matsuyama, Kiminori, 1996. "Growing Through Cycles," Economics Series 40, Institute for Advanced Studies.
- Matsuyama, K., 1996. "Growing through cycles," DELTA Working Papers 96-18, DELTA (Ecole normale supérieure).
- Alwyn Young, 1995. "The Tyranny of Numbers: Confronting the Statistical Realities of the East Asian Growth Experience," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 110(3), pages 641-680.
- Philippe Aghion & Peter Howitt, 1997. "Endogenous Growth Theory," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262011662, April.
- Carl Davidson & Paul Segerstrom, 1998. "R&D Subsidies and Economic Growth," RAND Journal of Economics, The RAND Corporation, vol. 29(3), pages 548-577, Autumn.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Shinagawa, Shunsuke, 2013. "Endogenous fluctuations with procyclical R&D," Economic Modelling, Elsevier, vol. 30(C), pages 274-280.
- Wan, Jing & Zhang, Jie, 2021. "Optimal growth through innovation, investment, and labor," European Economic Review, Elsevier, vol. 132(C).
- Bei Li & Jie Zhang, 2011. "Subsidies in an Economy with Endogenous Cycles Over Neoclassical Investment and Neo-Schumpeterian Innovation Regimes," Economics Discussion / Working Papers 11-23, The University of Western Australia, Department of Economics.
- Sunaga, Miho, 2017. "Endogenous growth cycles with financial intermediaries and entrepreneurial innovation," Journal of Macroeconomics, Elsevier, vol. 53(C), pages 191-206.
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.- Marta Aloi & Laurence Lasselle, 2001. "Growing through Subsidies," Discussion Paper Series, School of Economics and Finance 200109, School of Economics and Finance, University of St Andrews.
- 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," Working Papers 200, Barcelona School of Economics.
- 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.
- Liu, Taoxiong & Liu, Zhuohao, 2022. "A growth model with endogenous technological revolutions and cycles," Journal of Mathematical Economics, Elsevier, vol. 103(C).
- Guo, Jang-Ting & Lansing, Kevin J., 2002.
"Fiscal Policy, Increasing Returns, And Endogenous Fluctuations,"
Macroeconomic Dynamics, Cambridge University Press, vol. 6(5), pages 633-664, November.
- Jang-Ting Guo & Kevin J. Lansing, 1999. "Fiscal policy, increasing returns, and endogenous fluctuations," Working Papers in Applied Economic Theory 99-08, Federal Reserve Bank of San Francisco.
- Christiano, Lawrence J. & G. Harrison, Sharon, 1999.
"Chaos, sunspots and automatic stabilizers,"
Journal of Monetary Economics, Elsevier, vol. 44(1), pages 3-31, August.
- Lawrence J. Christiano & Sharon G. Harrison, 1996. "Chaos, sunspots, and automatic stabilizers," Staff Report 214, Federal Reserve Bank of Minneapolis.
- Lawrence J. Christiano & Sharon G. Harrison, 1996. "Chaos, sunspots, and automatic stabilizers," Working Paper Series, Macroeconomic Issues WP-96-16, Federal Reserve Bank of Chicago.
- Lawrence J. Christiano & Sharon G. Harrison, 1996. "Chaos, Sunspots, and Automatic Stabilizers," NBER Working Papers 5703, National Bureau of Economic Research, Inc.
- Gomes, Orlando, 2007. "Externalities in R&D: a route to endogenous fluctuations," MPRA Paper 2850, University Library of Munich, Germany.
- Simon Wiederhold, 2012. "The Role of Public Procurement in Innovation: Theory and Empirical Evidence," ifo Beiträge zur Wirtschaftsforschung, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 43.
- Matsuyama, Kiminori & Ushchev, Philip, 2022.
"Destabilizing effects of market size in the dynamics of innovation,"
Journal of Economic Theory, Elsevier, vol. 200(C).
- Matsuyama, Kiminori & Ushchev, Philip, 2022. "Destabilizing Effects of Market Size in the Dynamics of Innovation," CEPR Discussion Papers 15010, C.E.P.R. Discussion Papers.
- Esteban Jaimovich, 2021.
"Quality growth: from process to product innovation along the path of development,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 71(2), pages 761-793, March.
- Esteban Jaimovich, 2016. "Quality Growth: From Process to Product Innovation Along the Path of Development," School of Economics Discussion Papers 1016, School of Economics, University of Surrey.
- Esteban Jaimovich, 2017. "Quality Growth: From Process to Product Innovation along the Path of Development," Carlo Alberto Notebooks 518, Collegio Carlo Alberto.
- Marta Aloi & Hans Jorgen Jacobsen & Teresa Lloyd Braga, 1998.
"Endogenous business cycles and stabilization policies,"
Economics Working Papers
476, Department of Economics and Business, Universitat Pompeu Fabra, revised Jun 2000.
- Aloi, M. & Jorgen, H. & Lloyd-Braga, T., 2000. "Endogenous Business Cycles and Stabilization Policies," Papers 00-06, Carleton - School of Public Administration.
- Marta Aloi & Hans Jorgen Jacobsen & Teresa Lloyd-Braga, 1998. "Endogenous Business Cycles and Stabilization Policies," Discussion Papers 00-06, University of Copenhagen. Department of Economics, revised Mar 2000.
- Bambi, Mauro & Gozzi, Fausto & Licandro, Omar, 2014.
"Endogenous growth and wave-like business fluctuations,"
Journal of Economic Theory, Elsevier, vol. 154(C), pages 68-111.
- Mauro Bambi & Omar Licandro, "undated". "Endogenous Growth and Wave-Like Business Fluctuation," Working Papers 533, Barcelona School of Economics.
- Michaël Assous & Muriel Dal Pont Legrand & Harald Hagemann, 2016.
"Business cycles and growth,"
Chapters, in: Gilbert Faccarello & Heinz D. Kurz (ed.), Handbook on the History of Economic Analysis Volume III, chapter 4, pages 27-39,
Edward Elgar Publishing.
- Michaël Assous & Muriel Dal-Pont Legrand & Harald Hagemann, 2016. "Business Cycles and Growth," GREDEG Working Papers 2016-06, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
- Abida Hafeez & Karim Bux Shah Syed & Fiza Qureshi, 2019. "Exploring the Relationship between Government R & D Expenditures and Economic Growth in a Global Perspective: A PMG Estimation Approach," International Business Research, Canadian Center of Science and Education, vol. 12(4), pages 163-174, April.
- Brautzsch, Hans-Ulrich & Günther, Jutta & Loose, Brigitte & Ludwig, Udo & Nulsch, Nicole, 2015. "Can R&D subsidies counteract the economic crisis? – Macroeconomic effects in Germany," Research Policy, Elsevier, vol. 44(3), pages 623-633.
- Posch, Olaf, 2009.
"Structural estimation of jump-diffusion processes in macroeconomics,"
Journal of Econometrics, Elsevier, vol. 153(2), pages 196-210, December.
- Olaf Posch, 2007. "Structural estimation of jump-diffusion processes in macroeconomics," CREATES Research Papers 2007-23, Department of Economics and Business Economics, Aarhus University.
- Richard E. Baldwin & Philippe Martin & Gianmarco I. P. Ottaviano, 2021.
"Global Income Divergence, Trade, and Industrialization: The Geography of Growth Take-Offs,"
World Scientific Book Chapters, in: Firms and Workers in a Globalized World Larger Markets, Tougher Competition, chapter 2, pages 25-57,
World Scientific Publishing Co. Pte. Ltd..
- Baldwin, Richard E & Martin, Philippe & Ottaviano, Gianmarco I P, 2001. "Global Income Divergence, Trade, and Industrialization: The Geography of Growth Take-Offs," Journal of Economic Growth, Springer, vol. 6(1), pages 5-37, March.
- Richard E. Baldwin & Philippe Martin & Gianmarco I. P. Ottaviano, 1998. "Global Income Divergence, Trade and Industrialization: The Geography of Growth Take-Offs," NBER Working Papers 6458, National Bureau of Economic Research, Inc.
- Gianmarco Ottaviano & Richard Baldwin & Philippe Martin, 2001. "Global Income Divergence, Trade, and Industrialization: The Geography of Growth Take-Offs," Post-Print hal-03609282, HAL.
- Baldwin, Richard E. & Martin, Philippe & Ottaviano, Gianmarco I.P., 1998. "Global Income Divergence, Trade and Industrialisation: The Geography of Growth Take-Offs," Working Paper Series 496, Research Institute of Industrial Economics.
- Baldwin, Richard & Martin, Philippe & Ottaviano, Gianmarco, 1998. "Global Income Divergence, Trade and Industrialization: The Geography of Growth Take-Offs," CEPR Discussion Papers 1803, C.E.P.R. Discussion Papers.
- Rousakis, Michael, 2012. "Implementation Cycles : Investment-Specific Technological Change and the Length of Patents," The Warwick Economics Research Paper Series (TWERPS) 983, University of Warwick, Department of Economics.
- Kitagawa, Akiomi & Shibata, Akihisa, 2001. "Long gestation in an overlapping generations economy: endogenous cycles and indeterminacy of equilibria," Journal of Mathematical Economics, Elsevier, vol. 35(1), pages 99-127, February.
- Pedro Rui Mazeda Gil, 2009. "Animal Spirits and the Composition of Innovation in a Lab-Equipment R&D Model," FEP Working Papers 336, Universidade do Porto, Faculdade de Economia do Porto.
- Klaus Wälde, 2005.
"Endogenous Growth Cycles,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 46(3), pages 867-894, August.
- Klaus, WAELDE, 2003. "Endogenous growth cycles," LIDAM Discussion Papers IRES 2004012, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES), revised 15 Mar 2004.
Corrections
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:jmacro:v:29:y:2007:i:4:p:806-823. 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/622617 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.