Market concentration and technological innovation in a dynamic model of growth and distribution
This paper develops a post Keynesian macromodel of growth and distribution in which endogenous technological innovation plays a pivotal role. The innovationrate is made quadratic in market concentration, to capture a plausible neo-Schumpeterian non-linear influence of market structure on firms'...
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Format: | Article |
Language: | English |
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Associazione Economia civile
2012-04-01
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Series: | PSL Quarterly Review |
Subjects: | |
Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/9926 |