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Neutral Inventions and the Stability of Growth Equilibrium

Citations

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Cited by:

  1. Dongya Koh & Raül Santaeulàlia-Llopis, 2017. "Countercyclical Elasticity of Substitution," Working Papers 946, Barcelona School of Economics.
  2. Gene M. Grossman & Elhanan Helpman & Ezra Oberfield & Thomas Sampson, 2021. "Endogenous Education and Long-Run Factor Shares," American Economic Review: Insights, American Economic Association, vol. 3(2), pages 215-232, June.
  3. Basso, Henrique S. & Jimeno, Juan F., 2021. "From secular stagnation to robocalypse? Implications of demographic and technological changes," Journal of Monetary Economics, Elsevier, vol. 117(C), pages 833-847.
  4. Robert Dixon, 2010. "Classification of Technical Change," Chapters, in: Mark Blaug & Peter Lloyd (ed.), Famous Figures and Diagrams in Economics, chapter 10, Edward Elgar Publishing.
  5. Roberto Veneziani & Luca Zamparelli & Daniele Tavani & Luca Zamparelli, 2017. "Endogenous Technical Change In Alternative Theories Of Growth And Distribution," Journal of Economic Surveys, Wiley Blackwell, vol. 31(5), pages 1272-1303, December.
  6. Edmond S. Phelps, 1965. "Axioms for Factor Augmenting Technical Progress," Cowles Foundation Discussion Papers 196, Cowles Foundation for Research in Economics, Yale University.
  7. repec:dau:papers:123456789/13361 is not listed on IDEAS
  8. Martin Werding & Sonja Munz & Vera Gács, 2008. "Fertility and prosperity : links between demography and economic growth," ifo Forschungsberichte, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 42, July.
  9. Li, defu & Bental, Benjamin, 2023. "A Note on the Euler Equation of the Growth Model," MPRA Paper 119048, University Library of Munich, Germany.
  10. Yashin, Pete, 2016. "Кризис И Рост Неравенства. Оптимальный Путь Экономического Роста [The crisis and increasing inequality. The best equilibrium growth path]," MPRA Paper 73544, University Library of Munich, Germany.
  11. Frederic Gonand, 2014. "Dynamic Impacts on Growth and Intergenerational Effects of Energy Transition in a Time of Fiscal Consolidation," Working Papers 1401, Chaire Economie du climat.
  12. Frédéric Gonand, 2014. "Fostering Renewables and Recycling a Carbon Tax: Joint Aggregate and Intergenerational Redistributive Effects," Working Papers 1408, Chaire Economie du climat.
  13. Li, Defu & Huang, Jiuli, 2014. "Uzawa(1961)’s Steady-State Theorem in Malthusian Model," MPRA Paper 55329, University Library of Munich, Germany.
  14. repec:nbp:nbpbik:v:47:y:2016:i:6:p:463-494 is not listed on IDEAS
  15. Growiec, Jakub, 2018. "Factor-specific technology choice," Journal of Mathematical Economics, Elsevier, vol. 77(C), pages 1-14.
  16. Growiec, Jakub, 2013. "Factor-augmenting technology choice and monopolistic competition," Journal of Macroeconomics, Elsevier, vol. 38(PA), pages 86-94.
  17. Gene M. Grossman & Elhanan Helpman & Ezra Oberfield & Thomas Sampson, 2017. "Balanced Growth Despite Uzawa," American Economic Review, American Economic Association, vol. 107(4), pages 1293-1312, April.
  18. Naohisa Hirakata & Yasutaka Koike, 2018. "The Labor Share, Capital-Labor Substitution, and Factor Augmenting Technologies," Bank of Japan Working Paper Series 18-E-20, Bank of Japan.
  19. Miguel A León-Ledesma & Peter McAdam & Alpo Willman, 2012. "Non-Balanced Growth and Production Technology Estimation," Studies in Economics 1204, School of Economics, University of Kent.
  20. Tamotsu Nakamura, 2022. "Stone–Geary type preferences and the long-run labor supply," Evolutionary and Institutional Economics Review, Springer, vol. 19(1), pages 169-188, April.
  21. Li, Defu & Bental, Benjamin, 2023. "What determines the Direction of Technological Progress(2023.11.16)?," MPRA Paper 119211, University Library of Munich, Germany, revised 16 Nov 2023.
  22. Acikgoz, Senay & Ben Ali, Mohamed Sami, 2019. "Where does economic growth in the Middle Eastern and North African countries come from?," The Quarterly Review of Economics and Finance, Elsevier, vol. 73(C), pages 172-183.
  23. Clemens Struck & Adnan Velic, 2017. "Automation, New Technology, and Non-Homothetic Preferences," Trinity Economics Papers tep1217, Trinity College Dublin, Department of Economics.
  24. Clemens Struck & Adnan Velic, 2017. "To Augment Or Not To Augment? A Conjecture On Asymmetric Technical Change," Trinity Economics Papers tep0117, Trinity College Dublin, Department of Economics.
  25. Ekkehart Schlicht, 2016. "Directed Technical Change and Capital Deepening: A Reconsideration of Kaldor's Technical Progress Function," Metroeconomica, Wiley Blackwell, vol. 67(1), pages 119-151, February.
  26. Frédéric Gonand, 2016. "The Carbon Tax, Ageing and Pension Deficits," Post-Print hal-01251698, HAL.
  27. Growiec, Jakub & McAdam, Peter & Mućk, Jakub, 2018. "Endogenous labor share cycles: Theory and evidence," Journal of Economic Dynamics and Control, Elsevier, vol. 87(C), pages 74-93.
  28. Irmen, Andreas, 2018. "A Generalized Steady-State Growth Theorem," Macroeconomic Dynamics, Cambridge University Press, vol. 22(4), pages 779-804, June.
  29. Irmen, Andreas & Tabaković, Amer, 2017. "Endogenous capital- and labor-augmenting technical change in the neoclassical growth model," Journal of Economic Theory, Elsevier, vol. 170(C), pages 346-384.
  30. Bertani, Filippo & Ponta, Linda & Raberto, Marco & Teglio, Andrea & Cincotti, Silvano, 2021. "The complexity of the intangible digital economy: an agent-based model," Journal of Business Research, Elsevier, vol. 129(C), pages 527-540.
  31. Qian, Cheng & Zhu, Chun & Huang, Duen-Huang & Zhang, Shangfeng, 2023. "Examining the influence mechanism of artificial intelligence development on labor income share through numerical simulations," Technological Forecasting and Social Change, Elsevier, vol. 188(C).
  32. Gene M. Grossman & Elhanan Helpman & Ezra Oberfield & Thomas Sampson, 2017. "The productivity slowdown and the declining labor share: a neoclassical exploration," CEP Discussion Papers dp1504, Centre for Economic Performance, LSE.
  33. Chilosi, Alberto & Gomulka, Stanislaw, 1969. "Technical Progress and Long-Run Growth," MPRA Paper 17464, University Library of Munich, Germany.
  34. van den Bijgaart, Inge & Gerlagh, Reyer & Liski, Matti, 2016. "A simple formula for the social cost of carbon," Journal of Environmental Economics and Management, Elsevier, vol. 77(C), pages 75-94.
  35. Sala-i-Martin, Xavier, 1990. "Lecture Notes on Economic Growth: Five Prototype Models of Endogenous Growth. Volume II," Center Discussion Papers 321324, Yale University, Economic Growth Center.
  36. van den Bijgaart, Inge & Gerlagh, Reyer & Liski, Matti, 2016. "A simple formula for the social cost of carbon," Journal of Environmental Economics and Management, Elsevier, vol. 77(C), pages 75-94.
  37. Bazzana, Davide & Rizzati, Massimiliano & Ciola, Emanuele & Turco, Enrico & Vergalli, Sergio, 2024. "Warming the MATRIX: Uncertainty and heterogeneity in climate change impacts and policy targets in the Euro Area," Energy Economics, Elsevier, vol. 134(C).
  38. Jakub Growiec, 2008. "A new class of production functions and an argument against purely labor‐augmenting technical change," International Journal of Economic Theory, The International Society for Economic Theory, vol. 4(4), pages 483-502, December.
  39. Jess Benhabib & Jesse Perla & Christopher Tonetti, 2021. "Reconciling Models of Diffusion and Innovation: A Theory of the Productivity Distribution and Technology Frontier," Econometrica, Econometric Society, vol. 89(5), pages 2261-2301, September.
  40. Danny Givon, 2006. "Factor Replacement versus Factor Substitution, Mechanization and Asymptotic Harrod Neutrality," DEGIT Conference Papers c011_028, DEGIT, Dynamics, Economic Growth, and International Trade.
  41. Pollak, Andreas, 2022. "A Unified Theory of Growth, Cycles and Unemployment - Part I: Technology, Competition and Growth," MPRA Paper 117768, University Library of Munich, Germany.
  42. Fabian Stöckl, 2020. "Is Substitutability the New Efficiency? Endogenous Investment in the Elasticity of Substitution between Clean and Dirty Energy," Discussion Papers of DIW Berlin 1886, DIW Berlin, German Institute for Economic Research.
  43. Andrew Young, 2004. "Labor's Share Fluctuations, Biased Technical Change, and the Business Cycle," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 7(4), pages 916-931, October.
  44. Irmen, Andreas, 2011. "Steady-state growth and the elasticity of substitution," Journal of Economic Dynamics and Control, Elsevier, vol. 35(8), pages 1215-1228, August.
  45. LI, Defu & Bental, Benjamin, 2015. "Growth with Endogenous Direction of Technical Change," MPRA Paper 64124, University Library of Munich, Germany.
  46. Juan E. Jacobo, 2022. "Back to the Surplus: An Unorthodox Neoclassical Model of Growth, Distribution and Unemployment with Technical Change," Papers 2211.14978, arXiv.org.
  47. Hirano, Tomohiro & Toda, Alexis Akira, 2024. "Bubble economics," Journal of Mathematical Economics, Elsevier, vol. 111(C).
  48. Creina Day, 2016. "Non-Scale Endogenous Growth with R&D and Human Capital," Scottish Journal of Political Economy, Scottish Economic Society, vol. 63(5), pages 443-467, November.
  49. Poulsen, Odile & Svendsen, Gert Tinggaard, 2005. "The Long and Winding Road: Social Capital and Commuting," Working Papers 05-6, University of Aarhus, Aarhus School of Business, Department of Economics.
  50. Andreas Irmen & Amer Tabakovic, 2016. "Factor Income Distribution and Endogenous Economic Growth - When Piketty meets Romer -," DEM Discussion Paper Series 16-18, Department of Economics at the University of Luxembourg.
  51. Li, Defu & Benjamin, Bental, 2021. "Factor Supply Elasticities, Returns to Scale, and the Direction of Technological Progress," MPRA Paper 109920, University Library of Munich, Germany.
  52. Kenneth G. Stewart, 2018. "Normalized CES supply systems: Replication of Klump, McAdam, and Willman (2007)," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 33(2), pages 290-296, March.
  53. Grégory LEVIEUGE & Cristina BADARAU-SEMENESCU, 2010. "Which policy-mix to mitigate the effects of the financial heterogeneity in a monetary union?," EcoMod2010 259600105, EcoMod.
  54. Moysan, Gwenaël & Senouci, Mehdi, 2016. "A note on 2-input neoclassical production functions," Journal of Mathematical Economics, Elsevier, vol. 67(C), pages 80-86.
  55. Cristiano Cantore & Miguel León-Ledesma & Peter McAdam & Alpo Willman, 2014. "Shocking Stuff: Technology, Hours, And Factor Substitution," Journal of the European Economic Association, European Economic Association, vol. 12(1), pages 108-128, February.
  56. Pengfei Zhang, 2023. "Endogenous capital-augmenting R&D, intersectoral labor reallocation, and the movement of the labor share," Journal of Economics, Springer, vol. 140(1), pages 1-36, September.
  57. Li, Defu & Bental, Benjamin, 2019. "A Generalized Growth Model and the Direction of Technological Progress," MPRA Paper 96509, University Library of Munich, Germany.
  58. Luca Zamparelli, 2011. "Induced Innovation, Endogenous Growth, and Income Distribution: a Model along Classical Lines," Working Papers CELEG 1102, Dipartimento di Economia e Finanza, LUISS Guido Carli.
  59. Francesco Caselli & Alan Manning, 2019. "Robot Arithmetic: New Technology and Wages," American Economic Review: Insights, American Economic Association, vol. 1(1), pages 1-12, June.
  60. Mino, Kazuo & Sasaki, Hiroaki, 2023. "Long-run consequences of population decline in an economy with exhaustible resources," Economic Modelling, Elsevier, vol. 121(C).
  61. Davide Bazzana & Massimiliano Rizzati & Emanuele Ciola & Enrico Turco & Sergio Vergalli, 2023. "Warming the MATRIX: a Climate Assessment under Uncertainty and Heterogeneity," Working Papers 2023.09, Fondazione Eni Enrico Mattei.
  62. Zuzana Smeets Kristkova & Cornelis Gardebroek & Michiel van Dijk & Hans van Meijl, 2017. "The impact of R&D on factor-augmenting technical change – an empirical assessment at the sector level," Economic Systems Research, Taylor & Francis Journals, vol. 29(3), pages 385-417, July.
  63. Jakub Growiec, 2007. "Warunki zrównoważonego wzrostu gospodarczego," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 11-12, pages 1-16.
  64. Gene Grossman & Elhanan Helpman & Ezra Oberfield & Thomas Sampson, 2018. "The Productivity Slowdown and the Declining Labor Share," 2018 Meeting Papers 169, Society for Economic Dynamics.
  65. Clive L Spash, 1994. "Intergenerational Modelling of the Greenhouse Effect," Working Papers Series 94/3, University of Stirling, Division of Economics.
  66. Andreas Irmen & Amer Tabakovic, 2020. "Factor Income Distribution And Endogenous Economic Growth: Piketty Meets Romer," Economic Inquiry, Western Economic Association International, vol. 58(3), pages 1342-1361, July.
  67. Ekkehart Schlicht, 2006. "A Variant of Uzawa's Theorem," Economics Bulletin, AccessEcon, vol. 5(6), pages 1-5.
  68. Goenka, Aditya & Poulsen, Odile, 2004. "Factor Intensity Reversal and Ergodic Chaos," Working Papers 04-13, University of Aarhus, Aarhus School of Business, Department of Economics.
  69. Growiec, Jakub, 2013. "A microfoundation for normalized CES production functions with factor-augmenting technical change," Journal of Economic Dynamics and Control, Elsevier, vol. 37(11), pages 2336-2350.
  70. Senay Acikgoz & Merter Mert, 2015. "A Short Note on the Fallacy of Identification of Technological Progress in Models of Economic Growth," SAGE Open, , vol. 5(2), pages 21582440155, April.
  71. Voosholz, Frauke, 2014. "A survey on modeling economic growth. With special interest on natural resource use," CAWM Discussion Papers 69, University of Münster, Münster Center for Economic Policy (MEP).
  72. del Río, Fernando & Lores, Francisco-Xavier, 2021. "Accounting for U.S. economic growth 1954–2017," Economic Modelling, Elsevier, vol. 101(C).
  73. Piyush Tiwari & Masayuki Doi & Hidekazu Itoh, 2003. "A CGE Analysis of the Potential Impact of Information Technology on the Japanese Economy," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 6(1), pages 17-33.
  74. Thomas Strobel, 2010. "Unraveling the Origins of EU Countries Productivity Growth - Evidence on R&D and Competition from Cross-Country Industry Analysis," ifo Working Paper Series 86, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
  75. Li, Defu & Huang, Jiuli, 2012. "新古典增长模型的稳态路径能否包括资本增进型技术进步? [Can the Steady-State Path of Neoclassical Growth Model Embrace Capital-Augmenting Technological Progress?]," MPRA Paper 55044, University Library of Munich, Germany.
  76. Mehdi Senouci & Hugo Mauron, 2020. "A new model of technical change and an application to the Solow model," Working Papers hal-02919860, HAL.
  77. Chakraborty, Shankha & Thompson, Jon C. & Yehoue, Etienne B., 2016. "The culture of entrepreneurship," Journal of Economic Theory, Elsevier, vol. 163(C), pages 288-317.
  78. Manuel García‐Santana & Josep Pijoan‐Mas & Lucciano Villacorta, 2021. "Investment Demand and Structural Change," Econometrica, Econometric Society, vol. 89(6), pages 2751-2785, November.
  79. Lawrence Robert Z., 2015. "Recent Declines in Labor's Share in U.S. Income: A Preliminary Neoclassical Account," Working Paper Series rwp15-034, Harvard University, John F. Kennedy School of Government.
  80. Gregory Casey & Ryo Horii, 2019. "A Multi-factor Uzawa Growth Theorem and Endogenous Capital-Augmenting Technological Change," 2019 Meeting Papers 1458, Society for Economic Dynamics.
  81. Thomas I. Palley, 2012. "A neo-Kaleckian - Goodwin model of capitalist economic growth: Monopoly power,managerial pay, labor market conflict, and endogenous technical progress," IMK Working Paper 105-2012, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
  82. Merter Mert, 2017. "Technological Progress, Labour Productivity and Economic Growth: Disentangling the Negative and Positive Effects," Proceedings of International Academic Conferences 4707377, International Institute of Social and Economic Sciences.
  83. Young, Andrew T., 2010. "One of the things we know that ain't so: Is US labor's share relatively stable?," Journal of Macroeconomics, Elsevier, vol. 32(1), pages 90-102, March.
  84. Caselli, Francesco & Manning, Alan, 2017. "Robot arithmetic: can new technology harm all workers or the average worker?," LSE Research Online Documents on Economics 86589, London School of Economics and Political Science, LSE Library.
  85. Andreas Irmen, 2017. "Capital‐ And Labor‐Saving Technical Change In An Aging Economy," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 58(1), pages 261-285, February.
  86. Kiminori Matsuyama, 2007. "Beyond Icebergs: Towards a Theory of Biased Globalization," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 74(1), pages 237-253.
  87. Qayyum, Unbreen & Din, Musleh-ud & Haider, Adnan, 2014. "Foreign aid, external debt and governance," Economic Modelling, Elsevier, vol. 37(C), pages 41-52.
  88. del Río, Fernando & Lores, Francisco-Xavier, 2023. "Accounting for Spanish economic development 1850-2019," MPRA Paper 116025, University Library of Munich, Germany.
  89. Gary Jefferson, 2016. "Growth Theory and Growth Accounting: Reformulating Our Understanding of Growth," Working Papers 106, Brandeis University, Department of Economics and International Business School.
  90. de la Fonteijne, Marcel R., 2018. "Why the concept of Hicks, Harrod, Solow neutral and even non-neutral augmented technical progress is flawed in principle in any economic model," MPRA Paper 107730, University Library of Munich, Germany.
  91. Miguel A. León-Ledesma & Peter McAdam & Alpo Willman, 2015. "Production Technology Estimates and Balanced Growth," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 77(1), pages 40-65, February.
  92. Liu, Yue, 2012. "Structural change with dynamics of capital income share," Economics Letters, Elsevier, vol. 116(3), pages 597-600.
  93. Growiec, Jakub, 2010. "Knife-edge conditions in the modeling of long-run growth regularities," Journal of Macroeconomics, Elsevier, vol. 32(4), pages 1143-1154, December.
  94. Gonand, Frédéric & Jouvet, Pierre-André, 2015. "The “second dividend” and the demographic structure," Journal of Environmental Economics and Management, Elsevier, vol. 72(C), pages 71-97.
  95. Marian Krzyzaniak & Ebrahim Eris, 1974. "The Long-Run Incidence of Government Spending on Education," Public Finance Review, , vol. 2(3), pages 330-351, July.
  96. Kenneth G. Stewart & Jiang Li, 2018. "Are factor biases and substitution identifiable? The Canadian evidence," Canadian Journal of Economics, Canadian Economics Association, vol. 51(2), pages 528-548, May.
  97. Gregory Casey, 2018. "Technology-Driven Unemployment," 2018 Meeting Papers 302, Society for Economic Dynamics.
  98. Robert Stehrer, 2010. "The effects of factor and sector biased technical change revisited," Economic Change and Restructuring, Springer, vol. 43(1), pages 65-94, February.
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  100. Dorota Ciołek & Tomasz Brodzicki, 2016. "Determinanty produktywności polskich powiatów," Bank i Kredyt, Narodowy Bank Polski, vol. 47(5), pages 463-494.
  101. Miguel A. Leon-Ledesma & Mathan Satchi, 2010. "A Note on Balanced Growth with a less than unitary Elasticity of Substitution," Studies in Economics 1007, School of Economics, University of Kent.
  102. Pengfei Zhang, 2018. "Endogenous sector-biased technical change and perpetual and transient structural change," Journal of Economics, Springer, vol. 123(3), pages 195-223, April.
  103. Hanley, Douglas, 2018. "Comment on “Should we fear the robot revolution? (The correct answer is yes)” by Andrew Berg, Ed Buffie, and Felipe Zanna," Journal of Monetary Economics, Elsevier, vol. 97(C), pages 149-152.
  104. Aditya Goenka & Odile Poulsen, 2005. "Indeterminacy and labor augmenting externalities," Journal of Economics, Springer, vol. 86(1), pages 143-166, December.
  105. von Maydell, Richard, 2024. "Artificial Intelligence and its Effect on Competition and Factor Income Shares," VfS Annual Conference 2023 (Regensburg): Growth and the "sociale Frage" 277654, Verein für Socialpolitik / German Economic Association, revised 2024.
  106. Cantore, Cristiano & Ferroni, Filippo & León-Ledesma, Miguel A., 2017. "The dynamics of hours worked and technology," Journal of Economic Dynamics and Control, Elsevier, vol. 82(C), pages 67-82.
  107. Jakub Growiec & Peter McAdam & Jakub Mućk, 2021. "On the Optimal Labor Income Share," International Journal of Central Banking, International Journal of Central Banking, vol. 17(70), pages 1-52, October.
  108. Poulsen, Odile & Svendsen, Gert Tinggaard, 2004. "Social Capital and Market Centralisation: A Two-Sector Model," Working Papers 04-12, University of Aarhus, Aarhus School of Business, Department of Economics.
  109. Charpe, Matthieu & Bridji, Slim & Mcadam, Peter, 2020. "Labor Share And Growth In The Long Run," Macroeconomic Dynamics, Cambridge University Press, vol. 24(7), pages 1720-1757, October.
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  126. Deng, Kent & Du, Jane, 2024. "Domestic savings-driven growth: unveiling internal economic dynamics in China, 1980-2010," Economic History Working Papers 122355, London School of Economics and Political Science, Department of Economic History.
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  133. Sherman Robinson & Hans Meijl & Dirk Willenbockel & Hugo Valin & Shinichiro Fujimori & Toshihiko Masui & Ron Sands & Marshall Wise & Katherine Calvin & Petr Havlik & Daniel Mason d'Croz & Andrzej Tabe, 2014. "Comparing supply-side specifications in models of global agriculture and the food system," Agricultural Economics, International Association of Agricultural Economists, vol. 45(1), pages 21-35, January.
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  136. KUROSE, Kazuhiro, 2015. "The Structure of the Models of Structural Change and Kaldor's Facts: A Critical Survey," CCES Discussion Paper Series 59, Center for Research on Contemporary Economic Systems, Graduate School of Economics, Hitotsubashi University.
  137. Kawakami, Tetsu & Tiwari, Piyush & Doi, Masayuki, 2004. "Assessing Impact Of Its On Japan'S Economy Using A Computable General Equilibrium Model," Research in Transportation Economics, Elsevier, vol. 8(1), pages 525-547, January.
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  143. Kurose, Kazuhiro, 2021. "Models of structural change and Kaldor’s facts: Critical survey from the Cambridge Keynesian perspective," Structural Change and Economic Dynamics, Elsevier, vol. 58(C), pages 267-277.
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