𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Increasing Returns to Scale in Affluent Knowledge-Rich Economies

✍ Scribed by Gautam Ray; T. R. Lakshmanan; William P. Anderson


Book ID
108500158
Publisher
John Wiley and Sons
Year
2001
Tongue
English
Weight
149 KB
Volume
32
Category
Article
ISSN
0017-4815

No coin nor oath required. For personal study only.


πŸ“œ SIMILAR VOLUMES


Endogenous fluctuations in an open econo
✍ Marta Aloi; Huw D. Dixon; Teresa Lloyd-Braga πŸ“‚ Article πŸ“… 2000 πŸ› Elsevier Science 🌐 English βš– 272 KB

In this paper we study the e!ects of opening an economy, with increasing returns in the production of nontraded goods, on the existence of multiple Pareto-ranked stationary equilibria, local indeterminacy and bifurcations. We consider a standard overlapping generation model of a small open economy,