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Economic growth and economic development 550

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This part of the book focuses on models of endogenous technological change.
Chapter 12 discusses various different approaches to technological change and provides a brief overview of some models of technological progress from the industrial
organization literature. Chapters 13 and 14 present at the baseline endogenous technological progress models developed by Romer, Grossman and Helpman and Aghion
and Howitt. Chapter 15 considers a richer class of models in which the direction of
technological change, for example, which factors technological change will augment
or complement, is also endogenous.



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