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We study innovation and the resulting Schumpeterian economic growth that this innovation gives rise to in a model with â€¦ balanced growth path (BGP) allocations and the equilibrium of interest. Second, we stipulate the form of the innovation â€¦ little innovation in (i) the ith region, (ii) an aggregate economy of N>2 regions and (iii) an aggregate economy of N=2 â€¦
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