Market Structure and the Growth Process

被引:39
作者
Aghion, Philippe [1 ]
Howitt, Peter [2 ,3 ]
机构
[1] UCL, Dept Econ, London WC1E 6BT, England
[2] Ohio State Univ, Columbus, OH 43210 USA
[3] CIAR, Pesaro, Italy
关键词
D O I
10.1006/redy.1997.0007
中图分类号
F [经济];
学科分类号
02 ;
摘要
Recent empirical work has pointed to a positive correlation between product market competition and productivity growth. In this lecture we try to reconcile this evidence with the Schumpterian growth paradigm. Three alternative explanations are successively considered, respectively based upon agency considerations, the tacit nature of knowledge, and the decomposition of R and D activities into research and development. (C) 1998 Academic Press
引用
收藏
页码:276 / 305
页数:30
相关论文
共 15 条
  • [1] A MODEL OF GROWTH THROUGH CREATIVE DESTRUCTION
    AGHION, P
    HOWITT, P
    [J]. ECONOMETRICA, 1992, 60 (02) : 323 - 351
  • [2] Aghion P, COMPETITION GR UNPUB
  • [3] Aghion P, COMPETITION FI UNPUB
  • [4] Aghion P., 1996, J ECON GROWTH, V1, P49, DOI DOI 10.1007/BF00163342
  • [5] [Anonymous], 1997, ENDOGENOUS GROWTH TH
  • [6] DYNAMIC COUNT DATA MODELS OF TECHNOLOGICAL INNOVATION
    BLUNDELL, R
    GRIFFITH, R
    VANREENEN, J
    [J]. ECONOMIC JOURNAL, 1995, 105 (429) : 333 - 344
  • [7] Caballero R., 1993, NBER MACROECONOMIC A
  • [8] Grossman G., 1991, INNOVATION GROWTH GL
  • [9] THEORY OF FIRM - MANAGERIAL BEHAVIOR, AGENCY COSTS AND OWNERSHIP STRUCTURE
    JENSEN, MC
    MECKLING, WH
    [J]. JOURNAL OF FINANCIAL ECONOMICS, 1976, 3 (04) : 305 - 360
  • [10] MAKING A MIRACLE
    LUCAS, RE
    [J]. ECONOMETRICA, 1993, 61 (02) : 251 - 272