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A model of optimal allocations of physical capital and human capital in three sectors

✍ Scribed by Shaobo Zhou; Minggao Xue

Book ID
107531184
Publisher
Wuhan University
Year
2007
Tongue
English
Weight
314 KB
Volume
12
Category
Article
ISSN
1007-1202

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πŸ“œ SIMILAR VOLUMES

Equilibrium dynamics in the one-sector e
Equilibrium dynamics in the one-sector endogenous growth model with physical and human capital
✍ Manuel A. GΓ³mez πŸ“‚ Article πŸ“… 2003 πŸ› Elsevier Science 🌐 English βš– 421 KB

This paper concerns the transitional dynamics of the one sector endogenous growth model with physical and human capital when gross investments are irreversible. It has been claimed that the transition path is on the stable saddle path of the system that describes the dynamics of the economy as long