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Growing at Different Rates

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Author Info
Thomas Krichel ()

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Abstract

We 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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File URL: http://www.econ.surrey.ac.uk/discussion_papers/RePEc/sur/surrec/surrec9801.pdf
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Publisher Info
Paper provided by Department of Economics, University of Surrey in its series Department of Economics Discussion Papers with number 9801.

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Date of creation: Apr 1998
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Handle: RePEc:sur:surrec:9801

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Postal: Guildford, Surrey GU2 5XH
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Web page: http://www.econ.surrey.ac.uk
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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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  1. Buiter, Willem H & Kletzer, Kenneth M, 1993. " Permanent International Productivity Growth Differentials in an Integrated Global Economy," Scandinavian Journal of Economics, Blackwell Publishing, vol. 95(4), pages 467-93, December.
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  2. Buiter, Willem H & Kletzer, Kenneth, 1991. "Persistent Differences in National Productivity Growth Rates with a Common Technology and Free Capital Mobility," CEPR Discussion Papers 542, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
  3. W.H. Buiter & K Kletzer, 1995. "Capital Mobility," CEP Discussion Papers dp0245, Centre for Economic Performance, LSE.
  4. Barro, Robert J, 1990. "Government Spending in a Simple Model of Endogenous Growth," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages S103-26, October. [Downloadable!] (restricted)
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  5. Devereux, Michael B & Mansoorian, Arman, 1992. "International Fiscal Policy Coordination and Economic Growth," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 33(2), pages 249-68, May. [Downloadable!] (restricted)
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