Groth, Christian; Koch, Karl-Josef; Steger, Thomas M. - Economic Policy Research Unit (EPRU), Økonomisk Institut
is not that clear at
first glance. Of course, there is an alternative to the semi-endogenous growth
framework, namely … utilitarian frame-
work with non-renewable resources, constant population, and constant technology
are extended. Hakenes and Irmen … motion
for technology on the basis of the ultimate forward-looking as well as backward-
looking behavior of the implied path …