Last edited by Nikobar
Thursday, July 30, 2020 | History

2 edition of Endogenous product cycles found in the catalog.

Endogenous product cycles

Gene M. Grossman

Endogenous product cycles

by Gene M. Grossman

  • 29 Want to read
  • 12 Currently reading

Published by National Bureau of Economic Research in Cambridge, MA .
Written in English

    Subjects:
  • Economic development -- Mathematical models.,
  • Technology transfer -- Economic aspects.,
  • Technological innovations -- Economic aspects.,
  • Technology transfer -- Developing countries.

  • Edition Notes

    StatementGene M. Grossman, Elhanan Helpman.
    SeriesNBER working paper series -- working paper no. 2913, Working paper series (National Bureau of Economic Research) -- working paper no. 2913.
    ContributionsHelpman, Elhanan.
    The Physical Object
    Pagination33, [2] p. :
    Number of Pages33
    ID Numbers
    Open LibraryOL22437492M

    Endogenous Business Cycles and the Dynamics of Output, Hours, and Consumption By STEPHANIE SCHMITT-GROHE´* This paper studies the business-cycle fluctuations predicted by a two-sector endogenous-business-cycle model with sector-specific external increasing returns to scale. It focuses on aspects of actual fluctuations that have been.   The theory of endogenous money has tended to reduce to a debate over the slope of the LM. This is because endogenous money is a dynamic phenomenon, and its implications are masked in static models such as ISLM. This paper examines the role of endogenous money in credit-driven business cycles. A key distinction concerns that between bank and direct by:

    About this book This book considers numerous new developments: introduction of infrastructure in growth models, heterogeneity of agents, hysteresis systems, overlapping models with "pay-as-you-go" systems, keynesian approaches with finance considerations, interactions between relaxation cycles and chaotic dynamics, methodological issues, long. growth model that abstracts from growth to focus on business cycles, our model can be viewed as a discrete-time, stochastic, general equilibrium version of variety-based, endogenous growth models (see e.g. Romer, , and Grossman and Helpman, ) that abstracts from endogenous growth.

    offered a paper entitled ” New Product Pricing Policies” which used product life cycle for the first time in managerial text. On the other hand, he made a biological analogy and coined the expression "product life cycle in managerial context". (William , ). Frank Bass offered a model to predict the product life cycle in Cited by: 2. Exogenous causes are factors that influence the business cycle from outside of the system, e.g. climate (drought and other natural disasters) and the political situation of a country. Endogenous causes are factors that influence the business cycle from inside the system, e.g. total expenditure. investment and government fiscal and monetary policy.


Share this book
You might also like
Prospects for a comprehensive nuclear test ban treaty.

Prospects for a comprehensive nuclear test ban treaty.

Genetical and environmental variation for resistance to bacterial blight of upland cotton

Genetical and environmental variation for resistance to bacterial blight of upland cotton

Qed State School Guide 2006-2007

Qed State School Guide 2006-2007

zucchini plague and other tales of suburbia

zucchini plague and other tales of suburbia

In sun and shadow.

In sun and shadow.

church goes down and out

church goes down and out

Schoolmen and the poor

Schoolmen and the poor

Palynological studies of Middle Pennsylvanian coal beds of the proposed Pennsylvania System stratotype in West Virginia

Palynological studies of Middle Pennsylvanian coal beds of the proposed Pennsylvania System stratotype in West Virginia

Studies in the methodology of measuring information requirements and use patterns.

Studies in the methodology of measuring information requirements and use patterns.

The Big PlayStation Book

The Big PlayStation Book

Evaluation of Northwest Pacific Tropical Cyclone Track Forecast Difficulty and Skill as a Function of Environmental Structure

Evaluation of Northwest Pacific Tropical Cyclone Track Forecast Difficulty and Skill as a Function of Environmental Structure

Bases of the plantation society

Bases of the plantation society

An Introductory Latin Book

An Introductory Latin Book

Music all the time

Music all the time

The discovery of the asylum

The discovery of the asylum

Classroom and the newsroom

Classroom and the newsroom

Endogenous product cycles by Gene M. Grossman Download PDF EPUB FB2

Downloadable (with restrictions). The authors construct a model of the product cycle featuring endogenous innovation and technology transfer. Competitive entrepreneurs in the industrialized North introduce new products whenever the expected present value of oligopoly profits exceeds the cost of product development.

In the middle-income South, entrepreneurs devote resources to learning the. Endogenous product cycles. Cambridge, MA ( Massachusetts Avenue, Cambridge, MA ): National Bureau of Economic Research, [] (OCoLC) Material Type: Internet resource: Document Type: Book, Internet Resource: All Authors / Contributors: Gene M Grossman; Elhanan Helpman; National Bureau of Economic Research.

Endogenous Product Cycles Gene M. Grossman, Elhanan Helpman. NBER Working Paper No. Issued in March NBER Program(s):International Trade and Investment, International Finance and Macroeconomics We construct a model of the product cycle featuring endogenous innovation and endogenous technology transfer.

endogenous cycle: the portion of a parasitic life cycle occurring within the host. Get this from a library. Endogenous Product Cycles. [Elhanan Helpman; Gene M Grossman; National Bureau of Economic Research.;] -- We construct a model of the product cycle featuring endogenous innovation and endogenous technology transfer.

Competitive entrepreneurs in the North expend resources to bring out new products. Downloadable. We construct a model of the product cycle featuring endogenous innovation and endogenous technology transfer.

Competitive entrepreneurs in the North expend resources to bring out new products whenever expected present discounted value of future oligopoly profits exceeds current product development costs. Each Northern oligopolist continuously faces the risk that its product will.

"Endogenous Growth Theory" by Philippe Aghion and Peter W. Howitt is one of the best book about economic growth theory who I've seen. This book together with "Advanced Macroeconomics" by David Romer and "Economic Growth" by Robert Barro and Xavier Sala-I-Martin are the principal books about all the modern economic growth by: In Edward R.

Dewey and Edwin F. Dakin published their book Cycles: The Science of Prediction which argued the United States economy was driven by four cycles of different length. Dewey devoted his life to the study of cycles, claiming that "everything that Cited by: 1 Endogenous Business Cycles and the Economic Response to Exogenous Shocks Stéphane Hallegatte1,2 and Michael Ghil3,4 1 Center for Environmental Sciences and Policy, Stanford University, USA 2 Centre International de Recherche sur l’Environnement et le Développement, Ecole Nationale des Ponts-et-Chaussées, Nogent-sur-Marne, FranceFile Size: KB.

Endogenous product cycles. The Economic Journal–] product-variety model of endogenous product cycles. It has been shown that there exists a unique saddle path converging to the steady state growth equilibrium of this model in the wide gap case as well as in the narrow gap by: 8. Quality Ladders and Product Cycles.

February ; Quarterly Journal of Economics (2) Elhanan (a), "Endogenous Product Cycles," Vorking Paper No.National Bureau of Economic. The voluminous literature on endogenous growth and trade is surveyed in Long and Wong ; in this section we present a model due to Grossman and Helpman (a, b, c), that formalizes the ideas set forth in the Hirsch-Vernon product cycle (see above, Sect.

) and in Posner’s technological gap (see Sect. ).Author: Giancarlo Gandolfo. Endogenous Entry, Product Variety, and Business Cycles Florin Bilbiie, Fabio Ghironi, Marc J.

Melitz. NBER Working Paper No. Issued in November NBER Program(s):Economic Fluctuations and Growth This paper builds a framework for the analysis of macroeconomic fluctuations that incorporates the endogenous determination of the number of producers over the business cycle.

A number of recent theories of " endogenous growth cycles " imply the economy alternates between phases of high productivity growth and high xed capital formation, and phases of low Author: Klaus Wälde. I. Introduction A clearly defined dichotomy exists in the business cycle literature between endogenous and exogenous cycles.

Exogenous cycles are either temporary, heavily damped random deviations from a stable long-run growth path or permanent stochastic fluctuations in the growth path which both require repeated stochastic impulses to generate typically observed recurrent and irregular.

The business cycle, also known as the economic cycle or trade cycle, is the downward and upward movement of gross domestic product (GDP) around its long-term growth trend.

The length of a business cycle is the period of time containing a single boom and contraction in sequence. These fluctuations typically involve shifts over time between periods of relatively rapid economic growth (expansions. Unlike most existing studies on endogenous fluctuations, we utilized a North–South model.

The result implies that product cycles and the interaction between the two countries can be a source of endogenous economic fluctuations.

The mechanism underpinning the fluctuation in our model is as by: 4. Each book is included with valuable information that helps in assessing the value of products right from the stage of manufacturing to selling.

The kind of response obtained from the customers is greatly depended upon the quality standards below are the best 3 product lifecycle management books that are top selling.

Richard Goodwin () was among the first to insist on the use of non-linear dynamical systems in business cycle theory to generate endogenous fluctuations.

A decade earlier, Nicholas Kaldor () had used non-linear investment and savings functions to generate trade cycles - without the assistance of mathematical formalism.

ENDOGENOUS GROWTH AND ENDOGENOUS BUSINESS CYCLES and finally, d k ∈ (0,1] and d h ∈ (0,1] are the depreciation rates of physical and human capital, respectively. An equilibrium is defined as a sequence of contingency plans for an allocation {C t,l t,K t,H t}∞t=0 that solves the utility maximization problem (1)–(3).

All equi-File Size: KB. Endogenous Entry, Product Variety, and Business Cycles Florin O. Bilbiie Paris School of Economics, Universite´ Paris 1 Panthe´on-Sorbonne, and Centre for Economic Policy Research Fabio Ghironi Boston College, Federal Reserve Bank of Boston, and National Bureau of Economic Research Marc J.

MelitzFile Size: KB.Need help understanding product of cycles. Ask Question Asked 6 years, 7 months ago. Active 6 years, 7 months ago.

Viewed 8k times 6. 4 $\begingroup$ I need to understand how product of cycles work. The textbook i am referring gives explanation only for simple products and just answer for bigger ones.

i would be very thankful if someone can.Citation Bilbiie, Florin O., Fabio Ghironi, and Marc J. Melitz. Endogenous entry, product variety, and business cycles. Journal of Political Economy (2):