000			01641cam a2200217 4500500
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041			_afre
042			_adc
100	1	0	_aSaviotti, Pier Paolo _eauthor
700	1	0	_a Pyka, Andreas _eauthor
245	0	0	_aOn the Co-Evolution of Innovation and Demand: Some Policy Implications
260			_c2012.
500			_a12
520			_aLong term economic development is characterized not only by increasing efficiency of economic activities but also by qualitative change within industries and increasing variety concerning the existence of different industries. Traditional economic growth models do not cope with the complex amalgam of these three trajectories of economic development nor could comprise the interactions among them. Furthermore, economic development is not a process which is spurred by supply-side effects but driven by the co-evolutionary interplay of supply and demand side forces. With our TEVECON model we analyze economic development driven by efficiency and quality improvements together with structural change and the co-evolution between innovation and demand. The first part of the paper introduces to the basic model and some general results. The second part of the paper deals with policy experiments which are undertaken by comparing different numerically analyzed scenarios.
690			_aqualitative change
690			_asimulation
690			_aeconomic development
690			_aco-evolution
786	0		_nRevue de l'OFCE | 124 | 5 | 2012-11-02 | p. 347-388 | 1265-9576
856	4	1	_uhttps://shs.cairn.info/revue-de-l-ofce-2012-5-page-347?lang=en&redirect-ssocas=7080
999			_c838689 _d838689