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  • 标题:Reflections on the 2018 Nobel Memorial Prize Awarded to Paul Romer
  • 本地全文:下载
  • 作者:Beatrice Cherrier ; Aurélien Saïdi
  • 期刊名称:Erasmus Journal for Philosophy and Economics (EJPE)
  • 印刷版ISSN:1876-9098
  • 出版年度:2019
  • 卷号:12
  • 期号:2
  • 页码:49-64
  • DOI:10.23941/ejpe.v12i2.450
  • 出版社:Erasmus Institute for Philosophy and Economics
  • 摘要:The 2018 Sveriges Riksbank Prize in Economic Sciences in Memory of Al-fred Nobel was awarded for “addressing some of our time’s most basic and pressing questions about how we create long-term sustained and sus-tainable economic growth”. It was shared by Yale’s William Nordhaus, for portraying negative externalities due to greenhouse gas emissions in growth models (Kelleher 2019), and New York University’s Paul Romer, “for integrating technological innovations into long-run macroeconomic analysis”. The press release concludes that their contributions are “meth-odological . . . [The] Laureates do not deliver conclusive answers” (The Royal Swedish Academy of Sciences 2018). Yet, the methods here acknowledged are very different in kind. Nordhaus is praised for his de-velopment of a quantitative “integrated assessment model” of how cli-mate and economic growth affect each other, a model largely used to run simulations. Romer, by contrast, was crowned for his 10-year effort to develop a theory of endogenized growth, which culminated in the 1990 paper “Endogenous Technological Change”..
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