Andreas Pyka, Paolo Saviotti
Economic Development by the Creation of New Sectors
Abstract:
The basic
theme underlying
this paper is qualitative change taking place during economic
development.
These changes in the composition of the economic system should become
one of
the most important variables in models of economic growth and
development. Our
knowledge of the relationship between economic development and
qualitative
change, however, is still very limited. This paper attempts to shed
light on
some important aspects of the role played by qualitative change in
economic
development, by laying the foundations of a model in which changes in
the
composition of the economic system are endogenously generated by the
evolution
of the system itself and, in turn, affect its future development. To
put it shortly,
we can say that economic development is a process in which new
activities emerge,
old ones disappear, the weight of all economic activities and their
patterns of
interaction change.
JEL: O0, O12, O30
Paper:
Paper available as pdf-file.
Beitrag Nr. 220, Volkswirtschaftliche Diskussionsreihe, Institut
für
Volkswirtschaftslehre der Universität Augsburg
Contact:
Andreas
Pyka, University of Augsburg, Department of Economics,
Universitätsstr. 16, D-86159 Augsburg, Phone +49-821-598-4179, Fax
+49-821-598-4229
Paolo Saviotti, INRA-SERD, Université Pieres Mendés France,
BP47, F-38040 Grenoble, Cedéx 9, and CNRS-IDEFI, 250 rue A. Einstein,
Sophia-Antipolis,
06560 Valbonne, France
v.
K., 19.04.2002