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Equilibrium dynamics in two-sector models of endogenous growth

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  • Ortigueira, Salvador
  • Santos, Manuel S.
  • Ladrón de Guevara Martínez, Antonio

Abstract

This paper presents an account of the dynamics of endogenous growth models with physical capital and human capital. We consider some important extensions of the basic framework of Lucas (1988) and Uzawa (1964), including physical capital in the human capital technology and leisure activities as an additional argument of agents' welfare.

Suggested Citation

  • Ortigueira, Salvador & Santos, Manuel S. & Ladrón de Guevara Martínez, Antonio, 1994. "Equilibrium dynamics in two-sector models of endogenous growth," UC3M Working papers. Economics 2913, Universidad Carlos III de Madrid. Departamento de Economía.
    • Handle: RePEc:cte:werepe:2913
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    Keywords

    Endogenous growth;

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