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Lecture 6 - Economic growth: an evolutionary view

1. The document discusses theories of economic growth, including Kuznets' work on modern economic growth in developed countries in the 20th century. 2. It presents two evolutionary models of economic growth - the Conlisk model and the Silverberg-Verspagen model. 3. The Conlisk model shows that randomness plays a key role in economic growth and that the growth rate follows a random walk. The Silverberg-Verspagen model demonstrates how a transformation to modern economic growth can emerge from micro-level interactions between firms.

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Lecture 6 - Economic growth: an evolutionary view
Lecture 6 - Economic growth: an evolutionary view
Lecture 6 - Economic growth: an evolutionary view
Lecture 6 - Economic growth: an evolutionary view
Lecture 6 - Economic growth: an evolutionary view
Lecture 6 - Economic growth: an evolutionary view
Lecture 6 - Economic growth: an evolutionary view
Lecture 6 - Economic growth: an evolutionary view
Lecture 6 - Economic growth: an evolutionary view
Lecture 6 - Economic growth: an evolutionary view
Lecture 6 - Economic growth: an evolutionary view
Lecture 6 - Economic growth: an evolutionary view
Lecture 6 - Economic growth: an evolutionary view
Lecture 6 - Economic growth: an evolutionary view
Lecture 6 - Economic growth: an evolutionary view
Lecture 6 - Economic growth: an evolutionary view
Lecture 6 - Economic growth: an evolutionary view
Lecture 6 - Economic growth: an evolutionary view
Lecture 6 - Economic growth: an evolutionary view
Lecture 6 - Economic growth: an evolutionary view
Lecture 6 - Economic growth: an evolutionary view
Lecture 6 - Economic growth: an evolutionary view
Lecture 6 - Economic growth: an evolutionary view
Lecture 6 - Economic growth: an evolutionary view
Lecture 6 - Economic growth: an evolutionary view
Lecture 6 - Economic growth: an evolutionary view

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