| This theme incorporates SOM-research on economic growth and related coordination issues. Part of the research programme focuses on the analysis of the determinants of economic growth, including trade, migration, technological change and investment in human, physical and infrastructural capital. There is much emphasis on spatial (both international and regional) and sectoral patterns of growth. Interdependency in terms of comparative analysis and system analysis is key to many of the projects. The other part of the research concentrates on coordination issues in product-, labour- and capital markets and their impact on growth. It is related to recent research in institutional economics, and to research on static and dynamic efficiency. The link between the two pillars of this theme provides a perspective on the functioning of the environment in which firms operate and how this environment affects the relation between firm behaviour and macroeconomic growth performance of economies. The research is mainly rooted in macroeconomics, international economics and business, regional economics, applied econometrics and economic history. It uses major research tools, such as general equilibrium models, stochastic modelling, structural growth models, input-output analysis, growth accounting techniques and quantitative economic history. Close links exist with other SOM research, such as research on corporate governance and banks (with themes B and E), labour market (theme D) and technology (with theme B). |
