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Subject
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Optimal Growth 1 increasing returns 1 optimal path 1 poverty-trap 1 value fuction 1
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Free 1
Type of publication
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Book / Working Paper 1
Language
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English 1
Author
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SAGLAM, H. Cagri 1 VAN, Cuong LE 1
Institution
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Institut de Recherche Économique et Sociale (IRES), École des Sciences Économiques de Louvain 1
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Discussion Papers (IRES - Institut de Recherches Economiques et Sociales) 1
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RePEc 1
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Did you mean: subject:"value function" (112 results)
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Quality of Knowledge Technology, Returns to Production Technology and Economic Development
VAN, Cuong LE; SAGLAM, H. Cagri - Institut de Recherche Économique et Sociale (IRES), … - 2001
Presenting a discrete time version of the Romer (1986) model, this paper analyzes optimal paths in a one-sector growth model when the technology is not convex. We prove that for a given quality of knowledge technology, the countries could take-off if their initial stock of capital are above a...
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