Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/89406
Authors: 
Llerena, Patrick
Lorentz, André
Year of Publication: 
2003
Series/Report no.: 
LEM Working Paper Series 2003/27
Abstract: 
This paper aims to propose an approach to endogeneous growth considering the relationship between macro-dynamics and technical change. We draw upon two stream of literature: Cumulative causation and its macroscopic view of economic dynamics, and Evo-lutionary economics and its focus on micro-determinants of technical change. This paper presents a survey of the formal representation of the growth process and identifies the possible bridges between these two approaches. Our claim is that merging these two distinct theories might offer a framework to consider the co-evolution of macro-dynamics and technical change.
Subjects: 
Economic Growth
Technical Change
Cumulative Causation
Evolutionary Theory
Document Type: 
Working Paper

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