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Persistent link: https://www.econbiz.de/10001331425
This paper develops an endogenous growth model with productive public capital along with private capital in a spirit similar to that of R. J. Barro (1990). Since the authors' model includes two stock variables, it has transitional dynamics unlike most of the previous studies on endogenous...
Persistent link: https://www.econbiz.de/10005666194
Persistent link: https://www.econbiz.de/10006074388