Hiraguchi, Ryoji - In: Economic Modelling 26 (2009) 5, pp. 831-834
Chilarescu [2008, An analytical solutions for a model of endogenous growth, Economic Modelling.] claims that he determines a solution path to the Lucas-Uzawa model with increasing returns to scale. However, the path is not a closed-form since it depends on the initial consumption and the initial...