Endogenous growth, R & D and labour variety

Thumbnail Image
Official URL
Full text at PDC
Publication Date
Advisors (or tutors)
Journal Title
Journal ISSN
Volume Title
Facultad de Ciencias Económicas y Empresariales. Decanato
Google Scholar
Research Projects
Organizational Units
Journal Issue
Among the great variety of endogenous growth models, only a few have been constructed to address the question of how economic growth is related to conditions in the labour market and how growth is related to unemployment. We think that these questions are important and that the little attention paid to them represents a serious gap in the existing literature. The purpose of this paper is to go some way towards filling this gap by developing a model which can be use to study the roles of labour market policies and institutions in determining growth.
UCM subjects
Unesco subjects
Aghion, P. and P. Howitt, (1992). “A Model of Growth through Creative Destruction”. Econometrica, 60: 323-351. Aghion, P. and P. Howitt, (1994). “Growth and Unemployment”. Review of Economic Studies, 61: 477-494. Aghion, P. and P. Howitt, (1998). Endogenous Growth Theory, (Cambridge, Massachusetts:MIT Press). Arrow, K. J., (1962). “The Economic Implications of Learning by Doing”, Review of Economics Studies, 29: 155-173. Barro, R. and X. Sala-i-Martin, (1995). Economic Growth, (New York: McGraw-Hill). Bean, Ch. and Ch. Pissarides, (1993). “Unemployment, Consumption and Growth”. European Economic Review, 37: 837-854. Blackburn, K. and V. T. Y. Hung, (1993). “A Theory of Growth, Financial Development and Trade”. University of Southampton Discussion Papers in Economics and Econometrics 9303. Caballero, R. J., (1993). “Comments: Unemployment, Consumption and Growth”. European Economic Review, 37: 855-859. Dixit, A. and J. E. Stiglitz, (1977). “Monopolistic Competition and Optimum Product Diversity”. American Economic Review, 67: 297-308. Ethier, W. J., (1982). “National and International Returns to Scale in the Modern Theory of International Trade”. American Economic Review, 72: 389-405. Grossman, G. M. and E. Helpman, (1991). Innovation and Growth in the Global Economy, (Cambridge, Massachusetts:MIT Press). Hammond, P. J. and A. Rodríguez-Clare, (1993). “On the Long-Run Growth”, in T. M. Andersen and K. O. Moene (eds.), Endogenous Growth, (Oxford: Blackwell). Helpman, E., (1992). “Endogenous Macroeconomic Growth Theory”. European Economic Review, 36: 237-267. Lucas, R. E. Jr., (1988). “On the Mechanics of Development Planning”. Journal of Monetary Economics, 22: 3-42. Phelps, E. S., (1968). “Money-Wage Dynamics and Labor Market Equilibrium”, Journal of Political Economy, 76: 678-711. Pissarides, C. A., (1990). Equilibrium Unemployment Theory, (Oxford: Basil Blackwell). Rebelo, S., (1991). “Long-Run Policy Analysis and Long-Run Growth”. Journal of Political Economy, 99: 500-521. Romer, P. M., (1986). “Increasing Returns and Long-Run Growth”. Journal of Political Economy, 94: 1002-1037. Romer, P. M., (1987). “Growth Based on Increasing Returns Due to Specialization”. American Economic Review, 77: 56-62. Romer, P. M., (1990). “Endogenous Technological Change”. Journal of Political Economy, 98: S71-S102. Romer, P. M., (1994). “The Origins of Endogenous Growth”. Journal of Economics Perspectives, 8: 3-32. Sala-i- Martin, X., (1990). “Lecture Notes on Economic Growth (I): Introduction to the Literature and Neoclassical Models”. NBER working paper 3563. Sala-i- Martin, X., (1990). “Lecture Notes on Economic Growth (II): Five Prototypes Models of Endogenous Growth”. NBER working paper 3564. Sala-i-Martin, X., (1994). Apuntes de Crecimiento Economico, (Barcelona: Antoni Bosch). Uzawa, H., (1965). “Optimal Technological Change in an Aggregative Model of Economic Growth”, International Economics Review, 6: 18-31.