The presence of discontinuty in products, techniques and markets is the condition that allows discrimination between neoclassical and evolutionary growth models. If discontinuity is introduced firms need to change their information structure to start an evolutionistic process of the Lamarkian-type. When this perspective is assumed, learning capability is the necessary corollary for explaining how agents react and survive in different environment and markets. This Lamarkian learning capability passes through implicit and explicit mechanisms of learning, such as dynamic economies of production, knowledge spillovers, human capital accumulation and R&D intensity, that can be used to counterbalance the Darwinian divergent mechanism deriving from the inherited initial endowment of each country.

Towards a Model of Economic Growth Embodying an Evolutionistic Perspective

INFANTE, Davide
1998-01-01

Abstract

The presence of discontinuty in products, techniques and markets is the condition that allows discrimination between neoclassical and evolutionary growth models. If discontinuity is introduced firms need to change their information structure to start an evolutionistic process of the Lamarkian-type. When this perspective is assumed, learning capability is the necessary corollary for explaining how agents react and survive in different environment and markets. This Lamarkian learning capability passes through implicit and explicit mechanisms of learning, such as dynamic economies of production, knowledge spillovers, human capital accumulation and R&D intensity, that can be used to counterbalance the Darwinian divergent mechanism deriving from the inherited initial endowment of each country.
1998
growth theory; evolution; learning processes
File in questo prodotto:
Non ci sono file associati a questo prodotto.

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/20.500.11770/144372
 Attenzione

Attenzione! I dati visualizzati non sono stati sottoposti a validazione da parte dell'ateneo

Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus ND
  • ???jsp.display-item.citation.isi??? ND
social impact