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This paper introduces the Small World model (Watts and Strogatz, Nature, 1998) into the theory of economic growth and … perpetual growth is explained by a feedback effect from investment to the formation of long-distance links and the diffusion of …. Structurally, the equilibrium of stagnation differs from balanced growth by the presence of relatively many small firms of low …
Persistent link: https://www.econbiz.de/10010294445
This paper introduces the Small World model (Watts and Strogatz, Nature, 1998) into the theory of economic growth and … perpetual growth is explained by a feedback effect from investment to the formation of long-distance links and the diffusion of …. Structurally, the equilibrium of stagnation differs from balanced growth by the presence of relatively many small firms of low …
Persistent link: https://www.econbiz.de/10010326250
This article shows within a simple growth model how the make up of society affects economic performance when property … resources either peacefully or through contest. For the case of symmetric groups it is shown that economic growth is generated … its intensity and the rate of economic growth depend on social fractionalizaton, general productivity of the economy, and …
Persistent link: https://www.econbiz.de/10010262966
environmental problems: (i) optimal renewable resource use, (ii) the tragedy of the commons, (iii) economic growth and pollution. I … access resources. In a model of economic growth and pollution, hyperbolic discounting establishes the Golden Rule of capital …
Persistent link: https://www.econbiz.de/10011742926
profits.Balanced growth paths, transitional dynamics and welfare costs are computed. Our results indicate that the 2000 Income …
Persistent link: https://www.econbiz.de/10012148455
Persistent link: https://www.econbiz.de/10009722670
Persistent link: https://www.econbiz.de/10011292530
. The article argues that (1) differences in public goods’ provision cause excessive growth of the primate cities; (2 …) better provision of public goods at the national level decreases the difference between growth rates of the primate... …
Persistent link: https://www.econbiz.de/10012169139
environmental problems: (i) optimal renewable resource use, (ii) the tragedy of the commons, (iii) economic growth and pollution. I … access resources. In a model of economic growth and pollution, hyperbolic discounting establishes the Golden Rule of capital …
Persistent link: https://www.econbiz.de/10011742760
) optimal renewable resource use, (ii) the tragedy of the commons, (iii) economic growth and pollution. I then compare results …. In a model of economic growth and pollution, hyperbolic discounting establishes the Golden Rule of capital accumulation …
Persistent link: https://www.econbiz.de/10011706020