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Capital accumulation and economic growth in a small open economy

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The relation between savings and growth : cointegration and causality evidence from Asia

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Factor substitution, income distribution and growth in a generalized neoclassical model

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Factor substitution and factor-augmenting technical progress in the United States : a normalized supply-side system approach

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Factor substitution, income distribution, and growth in a generalized neoclassical model

Irmen, Andreas; Klump, Rainer - 2007 - This Version: October 16, 2007

We analyze a generalized neoclassical growth model that combines a normalized CES production function and possible … asymmetries of savings out of factor incomes. This generalized model helps to shed new light on a recent debate concerning the … impact of factor substitution and income distribution on economic growth. We can show that this impact relies on both an …