ABSTRACT

The paper presents the main lines of research followed by evolutionary models of endogenous growth. The authors intend to show how those approaches constitute a research program as an alternative to the one followed by the “new” endogenous growth models. After a comparison between evolutionary and new classical micro-foundations, the text displays a synthesis and a sample of modeling exercises along evolutionary lines.

KEYWORDS:
Evolutionary economics; endogenous growth model; Kaldorian model; neo-Schumpeterian analysis