Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/89470
Authors: 
Lorentz, André
Year of Publication: 
2004
Series/Report no.: 
LEM Working Paper Series 2004/06
Abstract: 
This paper addresses the question of sectoral specialisation mechanisms and effects on growth rate differences providing an alternative approach to endogenous growth processes. The framework we choose draws on the Kaldorian cumulative causation approach to growth and the evolutionary modelling of technical change and industrial dynamics. The framework developed in the paper is used to consider the following issues: First, the paper addresses the question of sectoral specialisation as an emergent property of the dynamics generated by the model, focusing on the mechanisms leading to and sustaining specialisation patterns. These mechanisms are linked to technology but also demand. Second, the paper investigates the relationship between specialisation patterns and growth rate differences among economies. Specialisation can lead to increases in growth rate differences among economies. We then try to sort out the mechanisms inducing this pattern.
Subjects: 
Sectoral Specialisation
Economic Growth
Technical Change
Cumulative causation
Evolutionary modelling
JEL: 
O41
O30
F43
Document Type: 
Working Paper

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