Lessons from Schumpeterian Growth Theory
通过将创造性破坏概念操作化,熊彼特增长理论对竞争、企业动态等微观层面提出独特预测,并可用微观数据检验,从而将增长理论与产业组织和发展经济学联系起来。
By operationalizing the notion of creative destruction, Schumpeterian growth theory generates distinctive predictions on important microeconomic aspects of the growth process (competition, firm dynamics, firm size distribution, cross-firm and cross-sector reallocation) which can be confronted using rich micro data. In this process the theory helps reconcile growth with industrial organization and development economics.