Paul Michael Romer
2 papers in the Anchorcite directory, published between 1986 and 1990, cited 36,895 times in total.
Research topics
- Economic theories and models · 2 papers
- Fiscal Policy and Economic Growth · 1 paper
- Economic Growth and Productivity · 1 paper
Papers
- Increasing Returns and Long-Run GrowthJournal of Political Economy · 1986 · 20,192 citations
This paper presents a fully specified model of long-run growth in which knowledge is assumed to be an input in production that has increasing marginal productivity.It is essentially a competitive equilibrium model with endogenous technological change.In contrast to models based…
- Endogenous Technological ChangeJournal of Political Economy · 1990 · 16,703 citations
Growth in this model is driven by technological change that arises from intentional investment decisions made by profit-maximizing agents. The distinguishing feature of the technology as an input is that it is neither a conventional good nor a public good;…
Metadata from OpenAlex (CC0).