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Endogenous growth and global divergence in a multi-country agent-based model

机译：基于多国代理的模型中的内生增长和全球差异

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摘要

In this paper we present a multi-country, multi-industry agent-based model investigating the different growth patterns of interdependent economies. Each country features a Schumpeterian engine of endogenous technical change which interacts with Keyneasian/Kaldorian demand generation mechanisms. National trajectories are driven by firms' accumulation of technological knowledge, which in turn also leads to emergent specialization patterns in different industries. Interactions among economies occur via trade flows, stemming from the competition of firms in international markets. Simulation results show the emergence of persistent income divergence among countries leading to polarization and club formation. Moreover, each country experiences a structural transformation of its productive structure during the development process. Such dynamics results from firm level virtuous (or vicious) cycles between knowledge accumulation, trade performances, and growth dynamics. The model accounts for a rich ensemble of empirical regularities at macro, meso and micro levels of aggregation. (C) 2019 Elsevier B.V. All rights reserved.
机译：在本文中，我们提出了一种基于多国家，多行业代理的模型，用于研究相互依存的经济体的不同增长模式。每个国家都具有内生性技术变革的熊彼特式引擎，该引擎与Keyneasian / Kaldorian需求生成机制互动。国家发展轨迹是由企业积累的技术知识所驱动的，这反过来又导致了不同行业中新兴的专业化模式。经济体之间的互动是通过贸易流动发生的，而贸易流动是由国际市场中公司的竞争引起的。模拟结果表明，各国之间持续存在收入差距，导致两极分化和俱乐部形成。此外，每个国家在发展过程中都会经历其生产结构的结构性转变。这种动态是由知识积累，贸易绩效和增长动态之间的企业级良性（或恶性）循环造成的。该模型说明了宏观，中观和微观聚合水平的丰富经验规律。 （C）2019 Elsevier B.V.保留所有权利。

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  • 来源
    《Journal of Economic Dynamics and Control》 |2019年第4期|101-129|共29页
  • 作者

    Dosi Giovanni; Roventini Andrea; Russo Emanuele;

  • 作者单位

    Scuola Super Sant Anna, EMbeDS, Piazza Martiri della Liberta 33, I-56127 Pisa, Italy|Scuola Super Sant Anna, Inst Econ, Piazza Martiri della Liberta 33, I-56127 Pisa, Italy;

    Scuola Super Sant Anna, EMbeDS, Piazza Martiri della Liberta 33, I-56127 Pisa, Italy|Scuola Super Sant Anna, Inst Econ, Piazza Martiri della Liberta 33, I-56127 Pisa, Italy|OFCE Sci Po, Sophia Antipolis, France;

    Scuola Super Sant Anna, EMbeDS, Piazza Martiri della Liberta 33, I-56127 Pisa, Italy|Scuola Super Sant Anna, Inst Econ, Piazza Martiri della Liberta 33, I-56127 Pisa, Italy;

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  • 原文格式 PDF
  • 正文语种 eng
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  • 关键词

    Endogenous growth; Structural change; Technology-gaps; Global divergence; Absolute advantages; Agent-based models;

    机译：内生增长;结构变化;技术差距;全球差异;绝对优势;基于代理的模型;

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