Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/22813
Authors: 
Antony, Jürgen
Year of Publication: 
2007
Series/Report no.: 
Volkswirtschaftliche Diskussionsreihe / Institut für Volkswirtschaftslehre der Universität Augsburg 290
Abstract: 
This paper develops an endogenous growth model based on the idea of new combinations of input factors as a growth mechanism. The model integrates the idea of several technologies used simultaneously in producing final output. Innovations are of the horizontal and vertical type and in addition of the type of new technologies which can be combined with existing ones. All types of innovations are endogenous and the occurrence of a new technology has stochastic elements as well. This leads to endogenous dynamics in the growth rates of final output production.
Subjects: 
Endogenous growth
new combinations
JEL: 
O31
O41
Document Type: 
Working Paper

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