Yuri, YATSENKO; Raouf, BOUCEKKINE; Natali, HRITONENKO - Institut de Recherche Économique et Sociale (IRES), … - 2008
Several R&D-based models of endogenous economic growth are investigated under the Solow-like assumption of fixed allocation of resources across activities. We identify model parameters that lead to explosive dynamics and analyse various economic techniques to avoid it. The techniques include...