Sustained Endogenous Growth with Decreasing Returns and Heterogeneous Capital II

The 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.

MoreLess

Year of publication:	1997
Authors:	Kaganovich, M.
Institutions:	Department of Economics, Indiana University
Subject:	ECONOMIC GROWTH \| CAPITAL

More details

Series:	Indiana - Center for Econometric Model Research.
Type of publication:	Book / Working Paper
Notes:	47 pages
Classification:	O41 - One, Two, and Multisector Growth Models
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005783439