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An evolutionary model of international competition and growth

Research output: Chapter in Book/Report/Conference proceedingChapterAcademicpeer-review

Abstract

The aim of this paper is to investigate cross-country patterns of economic divergence in an evolutionary perspective. We propose a simple open economy evolutionary model of growth where the growth variables of each country are microfounded on the dynamics of national firms. The model finds its antecedents in some of the evolutionary models of economic growth developed over the past years. We claim that evolutionary models are able to account for persistent differentiation in the growth performances of countries as a generic property. In fact, the model proposed here does so despite its quite simplified structure.

Original languageEnglish
Title of host publicationEntrepreneurship, the New Economy and Public Policy
Subtitle of host publicationSchumpeterian Perspectives
PublisherSpringer
Pages253-266
Number of pages14
ISBN (Print)3540226133, 9783540226130
DOIs
Publication statusPublished - 1 Dec 2005

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth

Keywords

  • Evolutionary models
  • Growth
  • International technological diffusion
  • Technological change

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