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A multisectoral log-linear model of economic growth with Marshallian externalities

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A Multisectoral Log-Linear Model of Economic Growth with Marshallian Externalities

Neusser, Klaus - 2001

This paper constructs a multisectoral general equilibrium growth model based on Marshallian externalities. Using homogenous accumulation and production functions, an analytical solution is derived. Making use of the theory of nonnegative matrices, I discuss the properties of the model and derive...

Persistent link: https://www.econbiz.de/10014130610