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Culture and human capital in a two-sector endogenous growth model

✍ Scribed by Alberto Bucci; Giovanna Segre

Book ID
113878068
Publisher
Elsevier Science
Year
2011
Tongue
English
Weight
418 KB
Volume
65
Category
Article
ISSN
1090-9443

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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