Showing 1 - 10 of 12
Persistent link: https://www.econbiz.de/10008777333
This paper studies the optimal growth of a developing non-renewable natural resource producer, which extracts the resource from its soil and produces a single consumption good with man-made capital. Moreover, it can sell the extracted resource abroad and use the revenues to buy an imported good,...
Persistent link: https://www.econbiz.de/10010750752
This paper studies the optimal growth of a developing non-renewable natural resource producer. It extracts the resource, and produces a single consumption good with man-made capital. Moreover, it can sell the extracted resource abroad and use the revenues to buy an imported good, perfect...
Persistent link: https://www.econbiz.de/10010775794
In a developing country with three sectors: consumption goods, new tech- nology, and education, the productivity of the consumption goods depends on a new technology and skilled labor used to produce this new technology. There can be three stages of economic growth. In the …rst stage the...
Persistent link: https://www.econbiz.de/10010603629
This paper studies the optimal growth of a developing non-renewable natural resource producer. It extracts the resource from its soil, and produces a single consumption good with man-made capital. More- over, it can sell the extracted resource abroad and use the revenues to buy an imported good,...
Persistent link: https://www.econbiz.de/10010603684
renouvelable. Le pays extrait la ressource du sol et produit un bien de consommation à l'aide de capital manufacturé. En outre, il … optimaux d'accumulation de capital et de consommation. Nous montrons que la mesure dans laquelle le pays va échapper à la … capital à l'origine est supérieure à la somme des taux d'escompte social et de dépréciation du capital, le pays accumulera …
Persistent link: https://www.econbiz.de/10008795072
In a developing country with three sectors: consumption goods, new tech- nology, and education, the productivity of the consumption goods depends on a new technology and skilled labor used to produce this new technology. There can be three stages of economic growth. In the …rst stage the...
Persistent link: https://www.econbiz.de/10008795448
This paper studies the optimal growth of a developing non-renewable natural resource producer. It extracts the resource from its soil, and produces a single consumption good with man-made capital. More- over, it can sell the extracted resource abroad and use the revenues to buy an imported good,...
Persistent link: https://www.econbiz.de/10008795568
This paper studies the optimal growth of a developing non-renewable natural resource producer. It extracts the resource, and produces a single consumption good with man-made capital. Moreover, it can sell the extracted resource abroad and use the revenues to buy an imported good, perfect...
Persistent link: https://www.econbiz.de/10011025764
In transitional stage saving rate play an important role in output growth rate as proposed by Krugman. Accumulationists are also right as claiming that learning-by-doing play an important role in TFP growth in NIEs. However, using a CES production technology we can show that the growth model...
Persistent link: https://www.econbiz.de/10004968651