Capital Accumulation, Learning, and Endogenous Growth
The author develops a growth model with three sectors of production (final goods, intermediate goods, and R&D), each with a different technology using three inputs (labor, capital, and knowledge), and combining elements from three strands of the literature (neoclassical growth, and AK and R&D endogenous growth). The paper suggests not only that capital accumulation and innovation are complementary processes, neither of which would take place in the long run without the other, but also that this process can be self-sustaining either through Hicks-neutral knowledge spillovers without capital accumulation or through Harrod-neutral knowledge spillovers with capital accumulation. Copyright 1999 by Royal Economic Society.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Volume (Year): 51 (1999)
Issue (Month): 3 (July)
|Contact details of provider:|| Postal: |
Fax: 01865 267 985
Web page: http://oep.oupjournals.org/
|Order Information:||Web: http://www.oup.co.uk/journals|
When requesting a correction, please mention this item's handle: RePEc:oup:oxecpp:v:51:y:1999:i:3:p:453-75. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Oxford University Press)or (Christopher F. Baum)
If references are entirely missing, you can add them using this form.