XEcon: An Experimental / Evolutionary Model of Economic Growth
Michael C. Wolfson
EvidenceNetwork.ca; University of Ottawa
Statistics Canada No. 67
The role of technical innovation in economic growth is both a current matter of keen public policy interest, and active exploration in economic theory. However, formal economic theorizing is often constrained by considerations of mathematical tractability. Evolutionary economic theories which are realized as computerized microsimulation models offer significant promise both for transcending mathematical constraints and addressing fundamental questions in a more realistic and flexible manner. This paper sketches XEcon, a microsimulation model of economic growth in the evolutionary tradition.
Number of Pages in PDF File: 24
JEL Classification: O40, O41working papers series
Date posted: March 11, 1998
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