Product variety, competition and economic growth Export

@article{saviottipyka08, abstract = {Abstract\ \ In this paper, we study the relationship between competition and economic growth using a model of economic development through the creation of new sectors. In our model, competition has both an intra- and an inter-sector component. We find that the best conditions for economic development are achieved when a suitable ratio of inter- to intra-sector competition is achieved. This ratio constitutes a compromise between providing a temporary monopoly to the first entrepreneur (low inter-sector competition) and creating enough imitation to expand the sector (intra-sector competition).}, author = {Saviotti, Pier and Pyka, Andreas}, citeulike-article-id = {3034684}, citeulike-linkout-0 = {http://dx.doi.org/10.1007/s00191-008-0097-5}, citeulike-linkout-1 = {http://www.springerlink.com/content/y7473248h060056v}, day = {1}, doi = {10.1007/s00191-008-0097-5}, journal = {Journal of Evolutionary Economics}, keywords = {competition, diversity, growth}, number = {3}, pages = {323--347}, posted-at = {2008-09-19 11:17:47}, priority = {2}, title = {Product variety, competition and economic growth}, url = {http://dx.doi.org/10.1007/s00191-008-0097-5}, volume = {18}, year = {2008} }

TY - JOUR ID - saviottipyka08 L3 - citeulike-article-id:3034684 N2 - Abstract  In this paper, we study the relationship between competition and economic growth using a model of economic development through the creation of new sectors. In our model, competition has both an intra- and an inter-sector component. We find that the best conditions for economic development are achieved when a suitable ratio of inter- to intra-sector competition is achieved. This ratio constitutes a compromise between providing a temporary monopoly to the first entrepreneur (low inter-sector competition) and creating enough imitation to expand the sector (intra-sector competition). IS - 3 JF - Journal of Evolutionary Economics EP - 347 TI - Product variety, competition and economic growth VL - 18 SP - 323 KW - competition KW - diversity KW - growth AU - Saviotti, Pier AU - Pyka, Andreas PY - 2008//01/ UR - http://dx.doi.org/10.1007/s00191-008-0097-5 ER -