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General Equilibrium Dynamics of Multi-Sector Growth Models
Jensen, Bjarne S.; Larsen, Mogens E. - Institut for Miljø og Erhvervsøkonomi, Syddansk … - 2005
competitive market equilibria. The Walrasian framework encompasses the basic multi-sector growth (MSG) models with neoclassical …
Persistent link: https://www.econbiz.de/10005481986
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Pareto Efficiency, Relative Prices, and Solutions to CGE Models
Jensen, Bjarne S. - Institut for Miljø og Erhvervsøkonomi, Syddansk … - 2004
competitive market equilibria. The Walrasian framework encompasses the basic multi-sector growth (MSG) models with neoclassical …
Persistent link: https://www.econbiz.de/10005650452
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Optimal Technology Policy with Imitation and Risk-Averting Households
Palokangas, Tapio - Institut for Miljø og Erhvervsøkonomi, Syddansk … - 2005
promote product market competition. …
Persistent link: https://www.econbiz.de/10005481971
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On the Role of Education and Training as Drivers of Growth
Zon, Adriaan van; Antonietti, Robert - Institut for Miljø og Erhvervsøkonomi, Syddansk … - 2004
The paper studies the contribution of human capital on economic growth through its impact on the rate of innovation by formulating an endogenous growth model that combines elements from Romer (1990), Aghion and Howitt (1992), and van Zon and Yetkiner (2003). Using a relatively broad concept of...
Persistent link: https://www.econbiz.de/10005481972
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Globalization, Labor Market Rigidities and Multiple Equilibria
GRIEBEN, Wolf-Heimo - Institut for Miljø og Erhvervsøkonomi, Syddansk … - 2004
market policies in a dynamic North-South general equilibrium model with non-scale growth. To this aim, we generalize the … level of Northern firing costs. Contrary to the special case of perfect labor market flexibility studied by Dinopoulos and …
Persistent link: https://www.econbiz.de/10005481979
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The Quest for Productivity Growth in Agriculture and Manufacturing
Guilló, María Dolores; Sebastián, Fidel Pérez - Institut for Miljø og Erhvervsøkonomi, Syddansk … - 2006
We develop a theory to explain the transition from stagnation to modern growth. We focus on the forces that shaped the evolution of total factor productivity in agriculture and manufacturing across history. More specifically, we build a multisector model of endogenous technical-change and...
Persistent link: https://www.econbiz.de/10005482001
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The Telecommunications Industry and Economic Growth: How the Market Structure Matters
Jerbashian, Vahagn - Institut for Miljø og Erhvervsøkonomi, Syddansk … - 2011
contributes to economic growth and focuses on market structure analysis for telecom, in the light of the recent changes in it …. This paper suggests how the market structure of telecom and the competition type in the telecom market can matter for its … contribution to economic growth. It also proposes the optimal market structure for telecom from the social welfare perspective. In …
Persistent link: https://www.econbiz.de/10011123931
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Factor-Augmenting Technology Choice and Monopolistic Competition
Growiec, Jakub - Institut for Miljø og Erhvervsøkonomi, Syddansk … - 2012
of monopolistic competition. Optimal technology choice is made here either by final goods producers or (differentiated …) intermediate goods producers. These two cases have different implications for the distribution of output but they yield the same …
Persistent link: https://www.econbiz.de/10011123934
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Growth and Distribution in a Model with Endogenous Time Peferences and Borrowing Constraints
Borissov, Kirill - Institut for Miljø og Erhvervsøkonomi, Syddansk … - 2011
This paper proposes an AK-model with endogenous time preferences and borrowing constraints. It is assumed that the subjective discount factor of a household is an increasing function of its relative income. First we describe the structure of balanced-growth equilibrium paths, on which the...
Persistent link: https://www.econbiz.de/10011123939
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Transitional Dynamics in the Solow-Swan Growth Model with AK Technology and Logistic Population Change
Bucci, Alberto; Guerrini, Luca - Institut for Miljø og Erhvervsøkonomi, Syddansk … - 2009
This paper offers an alternative way, based on the logistic population growth hypothesis, to yield transitional dynamics in the standard AK model with exogenous savings rate. Within this framework, we show that the dynamics of the capital stock per person and its growth rate can be non-monotonic...
Persistent link: https://www.econbiz.de/10011123940