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Comments on "The Root Cause of Economic Growthunder…
https://www.robinson.cam.ac.uk/postkeynesian/downloads/Joffe/GI011111.pdf1 Nov 2011: A new micro-fundation of endogenous growth:. Market not a necessary featureCompeting heterogeneous rms is the key. ... Symmetric rms (equilibrium): Endogenous Growth Theory (e.g.Aghion and Howitt, 1992, Grossman and Helpman, 1991, Romer1990). -
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https://www.robinson.cam.ac.uk/postkeynesian/downloads/Courvisanos/JC010311.pps5 Mar 2011: Three endogenous variables:. - profits and the mark-up. - financial constraints/gearing (increasing risk). - ... Endogenous technological change via novelty. Mesoeconomic source. Macroeconomic source. Long-term patterns of development.
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