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A Model of Growth Through Creative Destruction

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NBER1990-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w3223
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This paper develops a model based on Schumpeter's process of creative destruction. It departs from existing models of endogenous growth in emphasizing obsolescence of old technologies induced by the accumulation of knowledge and the resulting process or industrial innovations. This has both positive
创建时间:
1990-01-01
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