Endogenous Growth Theory pdf

Philippe Aghion è professore al College de France e all'INSEAD, visiting professor alla London School of Economics e membro della Econometric Society e dell'American Academy of Arts and Sciences. La sua ricerca verte sull'economia della crescita. Con Peter Howitt, ha aperto la strada al cosiddetto paradigma della crescita schumpeteriana, che è stato successivamente utilizzato per analizzare la progettazione delle politiche di crescita e il ruolo dello stato nel processo di crescita. Gran parte di questo lavoro è riassunto nel loro libro congiunto Endogenous Growth Theory (MIT Press, 1998) e The Economics of Growth (MIT Press, 2009), nel suo libro con Rachel Griffith su Competition and Growth (MIT Press, 2006) e in il suo sondaggio "What Do We Learn from Schumpeterian Growth Theory" (in collaborazione con U. Akcigit e P. Howitt). Nel 2001, Philippe Aghion ha ricevuto il Premio Yrjo Jahnsson come miglior economista europeo sotto i 45 anni, nel 2009 ha ricevuto il Premio John Von Neumann e nel marzo 2020 ha condiviso con Peter Howitt il BBVA “Frontier of Knowledge Award” per “sviluppare un teoria della crescita economica basata sull'innovazione che emerge dal processo di distruzione creativa”. Più recentemente Philippe Aghion ha prodotto un nuovo libro intitolato Il potere della distruzione creativa (Odile Jacob, Harvard University Press) insieme a C. Antonin e S. Bunel. Pur fornendo una rivalutazione delle basi del successo economico e un progetto per il cambiamento, The Power of Creative Destruction mostra anche che in definitiva spetta a noi creare un futuro equo e prospero.

Endogenous Growth Theory pdf da Philippe Aghion

"Aghion and Howitt is a real breakthrough in growth economics. This book has profound implications and should be read by anyone who is serious about studying economic growth"
-- Nicholas Crafts, Department of Economic History, London School of Economics and Political Science Advanced economies have experienced a tremendous increase in material well- being since the industrial revolution. Modern innovations such as personal computers, laser surgery, jet airplanes, and satellite communication have made us rich and transformed the way we live and work. But technological change has also brought with it a variety of social problems. It has been blamed at various times for increasing wage and income inequality, unemployment, obsolescence of physical and human capital, environmental deterioration, and prolonged recessions. To understand the contradictory effects of technological change on the economy, one must delve into structural details of the innovation process to analyze how laws, institutions, customs, and regulations affect peoples' incentive and ability to create new knowledge and profit from it. To show how this can be done, Philippe Aghion and Peter Howitt make use of Schumpeter's concept of creative destruction, the competitive process whereby entrepreneurs constantly seek new ideas that will render their rivals' ideas obsolete.
Whereas other books on endogenous growth stress a particular aspect, such as trade or convergence, this book provides a comprehensive survey of the theoretical and empirical debates raised by modern growth theory. It develops a powerful engine of analysis that sheds light not only on economic growth per se, but onthe many other phenomena that interact with growth, such as inequality, unemployment, capital accumulation, education, competition, natural resources, international trade, economic cycles, and public policy.