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Chapter 2 Growth with Quality-Improving Innovations: An Integrated Framework

Aghion, Philippe; Howitt, Peter - 2005

In this chapter we argue that the endogenous growth model with quality-improving innovations provides a framework for analyzing the determinants of long-run growth and convergence that is versatile, simple and empirically useful. Versatile, as the same framework can be used to analyze how growth...

Persistent link: https://www.econbiz.de/10014023785