This paper presents an endogenous growth model in which there is an explicit treatment of the informational asymmetries giving rise to finance constraints in the credit market.

The purpose of this paper is to study the issue of macroeconomic control in China. The investigation is conducted within the context of an endogenous growth model that incorporates the major institutional features of the transforming Chinese economy.

This paper presents an endogenous growth model in which there is an explicit treatment of the informational asymmetries giving rise to finance constraints in the credit market.

The purpose of this paper is to study the issue of macroeconomic control in China. The investigation is conducted within the context of an endogenous growth model that incorporates the major institutional features of the transforming Chinese economy.

This paper is concerned about Botswana's growth, structural transformation, and the connection between the two.

Based on a model of perpetual growth through optimal search for better technologies, calibrated on time series data form the Israeli economy, it is shown that capital subsidies produce a definite gain in expected growth rates, but those gain are invariant to the particular restrictions...