Unpublished Paper
Product variety, product quality, and evidence of Schumpeterian endogenous growth: A note
Quaderno di Ricerca No. 93, Dipartimento di Economia, Finanza e Statistica, University of Perugia
(2011)
Abstract
Using US manufacturing industry data, this paper re-examines empirical evidence of first- and second-generation Schumpeterian models of endogenous growth focusing on innovation (patent) quality. It shows that semi-endogenous growth models behave better than the other strands of Schumpeterian theory, especially in the knowledge-intensive part of the economy.
Keywords
- Fully endogenous growth theory,
- Semi-endogenous growth theory,
- Innovation quality,
- US manufacturing,
- High-tech industries
Disciplines
Publication Date
July, 2011
Citation Information
Francesco Venturini. "Product variety, product quality, and evidence of Schumpeterian endogenous growth: A note" Quaderno di Ricerca No. 93, Dipartimento di Economia, Finanza e Statistica, University of Perugia (2011) Available at: http://works.bepress.com/francesco_venturini/20/