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This paper presents the implementation of endogenous technological change, following either a one-factor or a two-factor learning curve, in the MERGE model. We have indeed developed a new version of this model, called MERGE-ETL, to analyse the dynamics of endogenous technological learning (ETL)...
Persistent link: https://www.econbiz.de/10005751662
This paper presents the implementation of endogenous technological change, following either a one-factor or a two-factor learning curve, in the MERGE model. We have indeed developed a new version of this model, called MERGE-ETL, to analyse the dynamics of endogenous technological learning (ETL)...
Persistent link: https://www.econbiz.de/10008539046