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This dissertation presents two essays on endogenous growth and renewable resources. The first essay explores the role of renewable resources in a tractable model of endogenous growth driven by horizontal and vertical innovation in the closed economy. The model is tractable in that it yields a...
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As foreign direct investment (FDI) grows rapidly in this highly integrated world, numerous new challenges confront the existing global trading system. Both developed countries and their developing counterparts have been trying to reach harmonious bilateral or multilateral agreements. However,...
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"If you're convinced you know what a market is, think again. As product designers and entrepreneurs soon discover, stable commercial transactions are more enigmatic than economic theory makes them out to be. Slicing through blunt theories of supply and demand, Michel Callon presents a rigorously...
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1 Introduction -- Part I Imperfect Competition -- 2 Imperfect Competition and the Marginal Principle -- 3 The Problem of Duopoly -- 4 Oxford Studies in the Price Mechanism -- Part II Keynes -- 5 The Cambridge ‘Circus’ -- 6 Some Aspects of the Development of Keynes’s Thought -- 7 ‘The...
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In the present note we construct an overlapping-generations (OLG) example in which free trade is Pareto-improving and the world equilibrium chaotic. The example is simple, but it is not incompatible with the general model of Kemp and Wolik.
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