Marchese, Carla; Privileggi, Fabio - Dipartimento di Economia e Statistica "Cognetti de … - 2014
In this paper we present a model in which endogenous growth arises in competitive markets. Knowledge is described as a labor-augmenting factor used directly in the Önal goodsíproduction. Firms demand both basic non-rival knowledge contents, which are supplied jointly and inelastically with raw...