Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/70017
Authors: 
Saviotti, P. P.
Pyka, A.
Year of Publication: 
2002
Series/Report no.: 
Volkswirtschaftliche Diskussionsreihe, Institut für Volkswirtschaftslehre der Universität Augsburg 220
Abstract: 
The basic theme underlying this paper is qualitative change taking place during economic development. These changes in the composition of the economic system should become one of the most important variables in models of economic growth and development. Our knowledge of the relationship between economic development and qualitative change, however, is still very limited. This paper attempts to shed light on some important aspects of the role played by qualitative change in economic development, by laying the foundations of a model in which changes in the composition of the economic system are endogenously generated by the evolution of the system itself and, in turn, affect its future development. To put it shortly, we can say that economic development is a process in which new activities emerge, old ones disappear, the weight of all economic activities and their patterns of interaction change.
Subjects: 
economic development
qualitative change
Neo-Schumpeterian-Economics
JEL: 
O0
O12
O30
Document Type: 
Working Paper

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