Pedro Mazeda Gil () (CEF.UP and Faculdade de Economia, Universidade do Porto, Portugal) Fernanda Figueiredo () (CEAUL and Faculdade de Economia, Universidade do Porto, Portugal) Oscar Afonso () (CEF.UP, OBEGEF and Faculdade de Economia, Universidade do Porto, Portugal)
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This paper studies a non-degenerate price distribution for the homogeneous good within a model of endogenous directed technical change. A probability density function is analytically derived and shown to be related to the technology and innovation parameters of the model.
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Paper provided by Universidade do Porto, Faculdade de Economia do Porto in its series FEP Working Papers with number
327.
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