Endogenous Growth in Production Networks

Home Production and Nonergodic Endogenous Growth*

We introduce a model of endogenous growth which is driven by human capital augmentation as a by-product of consumption activities on the part of households. The growth rate is determined via a preference parameter unrelated to the rate of time preference. Positive feedback in the evolution of preferences, a well-attested phenomenon, can lead to nonergodicity and path dependence: the asymptotic ...

Endogenous Production Networks and Gains from Trade

I develop a quantitative trade model with endogenous production networks, namely the collection of supplier-customer relationships among rms. In the model, rms form linkages with each other both within and across borders, balancing the tradeo between extra revenue brought in by downstream connections and xed costs required to establish these relationships. The structure of equilibrium productio...

PRODUCT DEVELOPMENT IN PRODUCTION – NETWORKS

This paper presents an overview of new approaches in rapid product development in production networks from design points of view. The manufacturing industries are changing their focus to global sourcing as a means to improve performance and enhance competitiveness. Some partnerships created with this strategy improve product development through collaborative design. With the advent of e-Commerc...

Endogenous growth promotors and inhibitors in tahiti lime

Two Paradigms of Endogenous Development: Production Process & Supply-demand Relationship

Different world views and philosophies in defining development problems and their solutions derive currently from different disciplines. They refer in many respects to the principle of cause-effect as a fundamental relationship between phenomena. The history of differing values and attitudes presented in management and design indicates the importance of this relationship. This sort of knowledge...