Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/41564 
Year of Publication: 
2010
Series/Report no.: 
cege Discussion Papers No. 100
Publisher: 
University of Göttingen, Center for European, Governance and Economic Development Research (cege), Göttingen
Abstract: 
The aim of the paper is to discuss and to provide evidence for the existence of pecuniary knowledge externalities, considered here as the main cause of positive disequilibrium experience by downstream producers. This last effect, confirmed by the empirical analysis here performed, contrasts the postulates of the model of growth through creative destruction due to Aghion & Howitt (1992), where downstream producers remain very much passive in front of new technological knowledge externally generated.
Subjects: 
pecuniary knowledge externalities
endogenous growth
creative destruction
Input-Output
Document Type: 
Working Paper

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