Sustained Endogenous Growth with Decreasing Returns and Heterogeneous Capital II
AbstractThe possibilityof sustained long-run growth is typically associated with the presence of some endogenous "engine of growth". It may allow the economy to grow without bound despite the use of some non-reproducible resources. Such situations can lead to dynamic models combining the features of sustainable growth and decreasing returns. One-sector models of this kind have recently attracted much attention in macroeconomics applications.
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Bibliographic InfoPaper provided by Indiana - Center for Econometric Model Research in its series Papers with number 97-005.
Length: 47 pages
Date of creation: 1997
Date of revision:
Contact details of provider:
Postal: Indiana University, Center for Econometric Model Research, Department of Economics; Bloomington, IN 47405.
Web page: http://www.indiana.edu/~econweb/
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ECONOMIC GROWTH ; CAPITAL;
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- O41 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models
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