Boucekkine, Raouf (contributor); Diene, Bity (contributor); … - 2007
wealth, R(t), is then
equal to the stock of capital K(t), and the interest rate is equal to the marginal productivity
of …
accumulate machines, the more they become expert in them, which boosts their productivity.
Productivity growth, and ultimately … restrictive at all. In particular, if we
have in mind that p and ‰ are small number compared to the productivity parameter B, the …