Showing 1 - 10 of 634,077
This paper addresses the criticism that balanced growth models are inconsistent with the dynamics of structural change typical for the process of economic growth. Using a sectoral disaggregated version of a researchdriven growth model, we develop the concept of a generalized balanced growth path...
Persistent link: https://www.econbiz.de/10009491597
Persistent link: https://www.econbiz.de/10013435978
Persistent link: https://www.econbiz.de/10000658478
Persistent link: https://www.econbiz.de/10003760186
The two-sector specific factor model is typically used in the theory of international trade where it helps to clarify …
Persistent link: https://www.econbiz.de/10003784376
Persistent link: https://www.econbiz.de/10003781960
Persistent link: https://www.econbiz.de/10003280701
Persistent link: https://www.econbiz.de/10003315555
Persistent link: https://www.econbiz.de/10003319286
This paper argues that growth theory needs a more general notion of “regularity” than that of exponential growth. We …
Persistent link: https://www.econbiz.de/10003833712