Template-type: ReDIF-Paper 1.0
Author-Name: Antonelli, Cristiano 
Author-Email: antonelli.cristiano@unito.it
Author-Workplace-Name: University of Turin
Author-Workplace-Homepage: http://www.est.unito.it/
Title: Pecuniary Knowledge Externalities and the System Dynamics of Growth.
Abstract:Recent advances in the economics of knowledge highlight the key role of pecunìary knowledge externalities 
in explaining the system dynamics of total factor productivity growth. When nonexhaustible technological knowledge 
is an input both in the production of new goods and of further knowledge, and the acquisìtìon of external knowledge, 
as a non-disposable input in the production of new knowledge, is not free, pecuniary externalities, as opposed to 
technological externalities, provide an important clue to understanding the key role of knowledge governance 
mechanisms in assessing the rate of growth of total factor productivity and economie systems at large.
Length: 23 pages
Creation-Date: 2007-03
File-URL:http://www.est.unito.it/do/home.pl/Download?doc=/allegati_wp/wp2007dip_l_b/7_wp_momigliano.pdf
File-Format: Application/PDF
Handle: RePEc:uto:labeco:200707