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We study a many-country endogenous growth model in which decisions about innovation and new investment are influenced … the region that applies tariffs. Substantial differences in levels of innovation, consumption, output and utility can …
Persistent link: https://www.econbiz.de/10013124639
We study a many country endogenous growth model in which decisions about innovation and new investment are influenced … region that applies tariffs. Substantial differences in the levels of innovation, consumption, output, and utility can appear …
Persistent link: https://www.econbiz.de/10013125689
We study a many-country endogenous growth model in which decisions about innovation and new investment are influenced … the region that applies tariffs. Substantial differences in levels of innovation, consumption, output and utility can …
Persistent link: https://www.econbiz.de/10012931674
We construct a rational expectations model in which aggregate growth alternates between a low growth and a high growth state. When all agents expect growth to be slow, the returns on investment are low, and little investment takes place. This slows growth and confirms the prediction that the...
Persistent link: https://www.econbiz.de/10013222964
We study a many country endogenous growth model in which decisions about innovation and new investment are influenced … region that applies tariffs. Substantial differences in the levels of innovation, consumption, output, and utility can appear …
Persistent link: https://www.econbiz.de/10009124163
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