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FACTOR ACCUMULATION AND GROWTH MIRACLES IN A TWO-SECTOR NEOCLASSICAL GROWTH MODEL

โœ Scribed by JOHN S. LANDON-LANE; PETER E. ROBERTSON


Book ID
111042757
Publisher
John Wiley and Sons
Year
2009
Tongue
English
Weight
122 KB
Volume
77
Category
Article
ISSN
1463-6786

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## Abstract We analyze a generalized neoclassical growth model that combines a normalized CES production function and possible asymmetries of savings out of factor incomes. This generalized model helps to shed new light on a recent debate concerning the impact of factor substitution and income dis