This paper re-examines the speed of convergence in a one-sector growth model under fairly general conditions with respect to both production and preferences. We investigate the response of the rate of convergence to the intratemporal elasticity of substitution in production, and to the intertemporal
Elasticity of substitution and growth: normalized CES in the Diamond model
β Scribed by Kaz Miyagiwa; Chris Papageorgiou
- Publisher
- Springer
- Year
- 2003
- Tongue
- English
- Weight
- 280 KB
- Volume
- 21
- Category
- Article
- ISSN
- 0938-2259
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