Working Paper: NBER ID: w14135
Authors: Fernando E. Alvarez; Francisco J. Buera; Robert E. Lucas Jr.
Abstract: This paper introduces several variations of the Eaton and Kortum (1999) model of technological change and characterizes their long run implications. Both exogenous and endogenous growth examples are studied.
Keywords: No keywords provided
JEL Codes: O0
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
Cause | Effect |
---|---|
flow of new ideas (O36) | cost levels of producers (D24) |
cost levels of producers (D24) | productivity (O49) |
flow of new ideas (O36) | technology frontier (O33) |
cost levels of producers (D24) | technology frontier (O33) |
stochastic arrival of new ideas (O36) | cost levels of producers (D24) |
deterministic arrival of ideas (C69) | technology growth (O49) |