EconStor >
Verein für Socialpolitik >
Jahrestagung des Vereins für Socialpolitik 2011: Die Ordnung der Weltwirtschaft - Lektionen aus der Krise >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/49163
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorKleinert, Barbaraen_US
dc.date.accessioned2011-09-05T07:11:38Z-
dc.date.available2011-09-05T07:11:38Z-
dc.date.issued2011en_US
dc.identifier.urihttp://hdl.handle.net/10419/49163-
dc.description.abstractThis paper studies product obsolescence, the entry and exit of firms, and the evolution of firm size as foundation of endogenous economic growth. I develop a dynamic general equilibrium model with heterogenous firms to analyze firm behavior in an economic environment that is characterized by a growing knowledge base. It uses a simple mechanism of knowledge diffusion that induces growth of the general knowledge base. The growing knowledge base forces small firms using the least knowledge intensive production processes to leave the economy, since competition from new entrants is tougher, since they developed their products starting from a larger knowledge base. Exiting firms are found to be smaller and less productive than survivors. Another main insight of the model is the evolution of a cohort's firm size distribution.en_US
dc.language.isoengen_US
dc.publisherZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft Kiel und Hamburgen_US
dc.relation.ispartofseriesBeiträge zur Jahrestagung des Vereins für Socialpolitik 2011: Die Ordnung der Weltwirtschaft: Lektionen aus der Krise - Session: Endogenous Growth Theory A17-V3en_US
dc.subject.jelO40en_US
dc.subject.jelL11en_US
dc.subject.jelO30en_US
dc.subject.ddc330en_US
dc.subject.keywordeconomic growth-
dc.subject.keywordproduct obsolescence-
dc.subject.keywordfirm dynamics-
dc.subject.keywordfirm size distribution-
dc.titleBecoming obsolete: Bankruptcy through technological progressen_US
dc.typeConference Paperen_US
dc.identifier.ppn671637606en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
dc.identifier.repecRePEc:zbw:vfsc11:49163-
Appears in Collections:Jahrestagung des Vereins für Socialpolitik 2011: Die Ordnung der Weltwirtschaft - Lektionen aus der Krise

Files in This Item:
File Description SizeFormat
VfS_2011_pid_86.pdf141.82 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.