Growing at Different Rates
AbstractWe examine a two country world. We endow each of the countries with externalities from both private and public capital that enable endogenous growth. We show conditions under which an equilibrium exists where both economies grow at constant but different rates.
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Bibliographic InfoPaper provided by School of Economics, University of Surrey in its series School of Economics Discussion Papers with number 9801.
Date of creation: Apr 1998
Date of revision:
Find related papers by JEL classification:
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy
- H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
- F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
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