Neoclassical vs. Evolutionary Theories of Economic Growth: Critique and Prospectus
The Economic JournalPublished 1 December 1974
Richard R. Nelson, Sidney G. Winter
Citations414
SJR quartileQ1
SJR score5.37
SNIP2.83
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Abstract
Richard R. Nelson, Sidney G. Winter; Neoclassical vs. Evolutionary Theories of Economic Growth: Critique and Prospectus, The Economic Journal, Volume 84, Issue
Keywords
Economics, Econometrics and Finance
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This paper presents a specific evolutionary model that combines neoclassical theory and the evolutionary alternative, and results show that the model is suitable for simulation and real-world applications.