PL EN


Preferencje help
Widoczny [Schowaj] Abstrakt
Liczba wyników
2020 | 12 | nr 4 | 347--367
Tytuł artykułu

Diversity and Innovation in Economic Evolution

Autorzy
Treść / Zawartość
Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
The basic idea of the paper is to apply a multi-attribute notion of diversity proposed by Nehring and Puppe to technological changes appearing as a consequence of innovations in Schumpeter's sense of the term in the production sphere of the economy modelled by the use of the Arrow and Debreu topological apparatus. The paper is inspired by the work of Malawski and Woerter who used Stirling diversity concept to prove that innovative processes are the source of growing diversity in the Schumpeterian vision of economic development. We show that, under certain conditions, nondecreasing multi-attribute diversity in the production sphere of the private ownership economy is a necessary and sufficient condition for the occurrence of innovation in the economy under study. (original abstract)
Rocznik
Tom
12
Numer
Strony
347--367
Opis fizyczny
Twórcy
  • Cracow University of Economics
Bibliografia
  • [1] Acemoglu D., (2009), Introduction to Modern Economic Growth, Princeton University Press.
  • [2] Acemoglu D., (2011), Diversity and Technological Progress, NBER Working Paper No. 16984.
  • [3] Ayres R. U., (1994), Information, entropy, and progress. A new evolutionary paradigm, American Institute of Physics, New York.
  • [4] Bartkowski B., (2017), Are diverse ecosystems more valuable? Economic value of biodiversity as result of uncertainty and spatial interactions in ecosystem service provision, Ecosystem Services 24, 50-57.
  • [5] Baumgärtner S., (2004), Measuring the diversity of what? And for what purpose? A conceptual comparison of ecological and economic measures of biodiversity, Interdisciplinary Institute for Environmental Economics, Heidelberg.
  • [6] Berger W. H., Parker F. L., (1970), Diversity of planktonic foraminifera in deepsea sediments, Science 168(3937), 1345-1347.
  • [7] Bervoets S., Gravel N., (2007), Appraising Diversity with an Ordinal Notion of Similarity: An Axiomatic Approach, Mathematical Social Sciences 53, 259-273.
  • [8] Ciałowicz B., (2015), Analysis of consumer innovativeness in an axiomatic approach, Mathematical Economics 11(18), 21-32.
  • [9] Ćwięczek I., Lipieta A., (2018), Innovative Mechanisms in a Private Ownership Economy with a Financial Market, Argumenta Oeconomica Cracoviensia 17, 7-19.
  • [10] Debreu G., (1959), Theory of Value: An Axiomatic Analysis of Economic Equilibrium, Yale University Press.
  • [11] Färe R., Grosskopf S., Margaritis D., (2019), Pricing Non-marketed Goods Using Distance Functions, World Scientific Publishing Company Pte.
  • [12] Gravel N., (2008), What is diversity? Chapter 1, [in:] Economics, Rational Choice and Normative Philosophy, [eds.:] Boylan T., Gekker R., Routledge, 29-69.
  • [13] Hirschman A. O., (1964), The Paternity of an Index, The American Economic Review 54(5), 761-762.
  • [14] Hurwicz L., (1986), Incentive aspects of decentralization, Chapter 28, [in:] Handbook of Mathematical Economics, Volume 3, [eds.:] Arrow K. J., Intriligator M. D., Elsevier, 1441-1482.
  • [15] Lancaster K. J., (1966), A new approach to consumer theory, Journal of political economy 74(2), 132-157.
  • [16] Lipieta A., (2010), The Debreu private ownership economy with complementary commodities and prices, Economic Modelling 27(1), 22-27.
  • [17] Lipieta A., (2015), Existence and uniqueness of the producers' optimal adjustment trajectory in a Debreu-type economy, Mathematical Economics 11(18), 55-68.
  • [18] Lipieta A., Malawski A. (2016a), Mechanisms of Schumpeterian evolution - Hurwiczian approach, paper presented at 16th Conference of the International Schumpeter Society, 6-8.07.2016, Montreal, Canada (under review).
  • [19] Lipieta A., Malawski A., (2016b), Price versus quality competition: in search for Schumpeterian evolution mechanisms, Journal of Evolutionary Economics 26(5), 1137-1171.
  • [20] Lipieta A., Malawski A., (2018), Comparative Analysis of Mechanisms of Schumpeterian Evolution, Journal of Entrepreneurship, Management and Innovation 14(1), 7-28.
  • [21] Lipieta A., (2018a), Adjustment processes resulting in equilibrium in the private ownership economy, Central European Journal of Economic Modelling and Econometrics (CEJEME) 10(4), 305-332.
  • [22] Lipieta A., (2018b), The role of imitative mechanisms within the economic evolution, Economics and Business Review 4(4), 64-82.
  • [23] Malawski A., (1991), Metoda aksjomatyczna w ekonomii: studia nad strukturą i ewolucją systemów ekonomicznych, Zakład Narodowy im. Ossolińskich, Wrocław.
  • [24] Malawski A., Woerter M., (2006), Diversity Structure of the Schumpeterian Evolution: An Axiomatic Approach, KOF Swiss Economic Institute, Zurich.
  • [25] Malawski A., (2013), Innovative Economy as the Object of Investigation in Theoretical Economics, Cracow University of Economics Press, Cracow.
  • [26] Mas-Colell, A. (1975), A model of equilibrium with differentiated commodities, Journal of Mathematical Economics 2(2), 263-295.
  • [27] Metcalfe J. S., (1994), Evolutionary economics and technology policy, The Economic Journal 104, 931-944.
  • [28] Morgenstern O., von Neumann J., (1953), Theory of Games and Economic Behavior, Princeton University Press.
  • [29] Nehring K., Puppe C., (2002), A theory of diversity, Econometrica 70(3), 1155-1198.
  • [30] Nehring K., Puppe C., (2003), Diversity and dissimilarity in lines and hierarchies, Mathematical Social Sciences 45(2), 167-183.
  • [31] Nehring K., Puppe C., (2004a), Modelling cost complementarities in terms of joint production, Journal of Economic Theory 118(2), 252-264.
  • [32] Nehring K., Puppe C., (2004b), Modelling phylogenetic diversity, Resource and Energy Economics 26(2), 205-235.
  • [33] Nehring K., Puppe C., (2008), Diversity and the metric of opportunity, Unpublished Manuscript, University of Karlsruhe.
  • [34] Nehring K., Puppe C., (2009), Diversity, Chapter 12, [in:] Handbook of Rational and Social Choice, [eds.:] Anand P., Pattanaik P. and Puppe C., Oxford University Press, Oxford.
  • [35] Nelson R., Winter S., (1982), An evolutionary theory of economic change, Production Sets and Organizational Capabilities, Belknap/Harward, 59-65.
  • [36] Pattanaik P. K., Xu Y., (2000), On diversity and freedom of choice, Mathematical Social Sciences 40(2), 123-130.
  • [37] Rényi A., (1961), On measures of entropy and information, Proceedings of the Fourth Berkeley Symposium on Mathematical Statistics and Probability, Volume 1: Contributions to the Theory of Statistics, The Regents of the University of California.
  • [38] Rosen S., (1974), Hedonic prices and implicit markets: product differentiation in pure competition, Journal of political economy 82(1), 34-55.
  • [39] Safarzyńska K, van den Bergh J. C. J. M., (2010), Evolutionary models in economics: a survey of methods and building blocks, Journal of Evolutionary Economics 20(3), 329-373.
  • [40] Saviotti P. P., Pyka A., (2009), Product variety, competition and economic growth, Chapter 6, [in:] Schumpeterian Perspectives on Innovation, Competition and Growth, [eds.:] Cantner U., Gaffard J-L., Nesta L., Springer, Berlin, Heidelberg, 71-95.
  • [41] Schumpeter J. A., (1982), The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle, Social Science Classics, Transaction Publishers.
  • [42] Schumpeter J. A. (1939), Business Cycles: A Theoretical, Historical, and Statistical Analysis, McGraw-Hill Company, New York.
  • [43] Schumpeter J. A., (1950), Capitalism, Socialism and Democracy.
  • [44] Shannon, C. E., (1948), A mathematical theory of communication, Bell system technical journal 27(3), 379-423.
  • [45] Shionoya Y., (2007), Schumpeterian universal social science, [in:] Elgar Companion to Neo-Schumpeterian Economics, Chapter 3, [eds.:] Hanusch H., Pyka A., Edward Elgar Publishing, 55-65.
  • [46] Shephard R. W., (2012), Cost and production functions, Springer Science & Business Media.
  • [47] Simpson E. H., (1949), Measurement of diversity, Nature 163(4148), 688.
  • [48] Stirling A., (1998), On the economics and analysis of diversity, Science Policy Research Unit (SPRU), Electronic Working Papers Series 28, 1-156.
  • [49] Stirling A., (2007), A general framework for analysing diversity in science, technology and society, Journal of the Royal Society Interface 4(15), 707-719.
  • [50] Weitzman M. L., (1992), On diversity, The Quarterly Journal of Economics 107(2), 363-405.
  • [51] Weitzman M. L., (1998), The Noah's ark problem, Econometrica 66(6), 1279-1298.
  • [52] Wiener N., (1948), Cybernetics or Control and Communication in the Animal and the Machine, Technology Press.
  • [53] Witt U., (1996), "A Darwinian Revolution" in Economics?, Journal of Institutional and Theoretical Economics 152(4), 707-715.
Typ dokumentu
Bibliografia
Identyfikator YADDA
bwmeta1.element.ekon-element-000171608813

Zgłoszenie zostało wysłane

Zgłoszenie zostało wysłane

Musisz być zalogowany aby pisać komentarze.
JavaScript jest wyłączony w Twojej przeglądarce internetowej. Włącz go, a następnie odśwież stronę, aby móc w pełni z niej korzystać.