Existence of an optimal growth path with endogenous technical change
Abstract
We prove the existence of an optimal growth path in an economy where goods that are not consumed are wither invested in next period or in R&D with overall non-convex production possibilities, ising results of non-linear functional analysis in weighted Lp spaces of Chichilnisky (Journal of Optimication Theory and Applications, 1977, 61, no. 2. 504-520) and (Journal of Mathematical Economics, 1981, 8, 1-14).(This abstract was borrowed from another version of this item.)
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Bibliographic Info
Article provided by Elsevier in its journal Economics Letters.
Volume (Year): 48 (1995)
Issue (Month): 3-4 (June)
Pages: 433-439
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Web page: http://www.elsevier.com/locate/ecolet
Related research
Keywords:Other versions of this item:
- Chichilnisky, Graciela & Gruenwald, Paul F., 1994. "Existence of an optimal growth path with endogenous technical change," MPRA Paper 8394, University Library of Munich, Germany.
- O3 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights
- O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
References
References listed on IDEASPlease report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Chichilnisky, Graciela & Kalman, P. J., 1979. "Application of functional analysis to models of efficient allocation of economic resources," MPRA Paper 8004, University Library of Munich, Germany.
- Chichilnisky, Graciela, 1981. "Existence of optimal savings policies with imperfect information and non-convexities," Journal of Mathematical Economics, Elsevier, vol. 8(1), pages 1-14, March.
- Chichilnisky, Graciela, 1977. "Nonlinear functional analysis and optimal economic growth," MPRA Paper 7990, University Library of Munich, Germany.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Chichilnisky, Graciela & Wu, Ho-Mou, 2006.
"General equilibrium with endogenous uncertainty and default,"
Journal of Mathematical Economics,
Elsevier, vol. 42(4-5), pages 499-524, August.
- Graciela Chichilnisky & Ho-Mou Wu, 2006. "General equilibrium with endogenous uncertainty and default," Discussion Papers 0506-29, Columbia University, Department of Economics.
- Chichilnisky, Graciela & Beltratti, Andrea & Heal, Geoffrey, 1998. "Sustainable use of renewable resources, Chapter 2.1," MPRA Paper 8815, University Library of Munich, Germany.
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