Endogenous Technology Space

2021 ◽  
Author(s):  
Nikolas Kuhlen
Keyword(s):  
Endogenous Technology

scholarly journals Endogenous Production Networks

Econometrica ◽  
2020 ◽  
Vol 88 (1) ◽  
pp. 33-82 ◽  
Author(s):  
Daron Acemoglu ◽  
Pablo D. Azar
Keyword(s):  
Existence And Uniqueness ◽  
New Product ◽  
Production Network ◽  
Production Networks ◽  
Endogenous Production ◽  
Cost Reductions ◽  
Production Technologies ◽  
Dynamic Version ◽  
Input Prices ◽  
Endogenous Technology

We develop a tractable model of endogenous production networks. Each one of a number of products can be produced by combining labor and an endogenous subset of the other products as inputs. Different combinations of inputs generate (prespecified) levels of productivity and various distortions may affect costs and prices. We establish the existence and uniqueness of an equilibrium and provide comparative static results on how prices and endogenous technology/input choices (and thus the production network) respond to changes in parameters. These results show that improvements in technology (or reductions in distortions) spread throughout the economy via input–output linkages and reduce all prices, and under reasonable restrictions on the menu of production technologies, also lead to a denser production network. Using a dynamic version of the model, we establish that the endogenous evolution of the production network could be a powerful force towards sustained economic growth. At the root of this result is the fact that the arrival of a few new products expands the set of technological possibilities of all existing industries by a large amount—that is, if there are n products, the arrival of one more new product increases the combinations of inputs that each existing product can use from 2 n−1 to 2 n , thus enabling significantly more pronounced cost reductions from choice of input combinations. These cost reductions then spread to other industries via lower input prices and incentivize them to also adopt additional inputs.

scholarly journals Endogenous Technology Adoption and Medical Costs

2016 ◽  
Vol 25 (9) ◽  
pp. 1123-1147 ◽  
Author(s):  
Karine Lamiraud ◽  
Stephane Lhuillery
Keyword(s):  
Technology Adoption ◽  
Medical Costs ◽  
Endogenous Technology

scholarly journals An empirical model for endogenous technology in the Netherlands

1996 ◽  
Vol 13 (1) ◽  
pp. 15-40 ◽  
Author(s):  
F.A.G. den Butter ◽  
F.J. Wollmer
Keyword(s):  
The Netherlands ◽  
Empirical Model ◽  
Endogenous Technology
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