Networked Growth
This paper searches for a new growth engine in the new Info-Tech economy. IT-network effects are incorporated into Romer’s (1990) framework. Network effects support long-term steady state growth in per capita variables even without innovation, and growth rate increases with network externalities. Ne...
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2002
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soe_research/694 https://ink.library.smu.edu.sg/context/soe_research/article/1693/viewcontent/Networkedgrowth.pdf |
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| Institution: | Singapore Management University |
| Language: | English |