The Elasticity of Substitution and Endogenous Growth
The endogenous growth literature focuses exclusively on Cobb-Douglas. Elasticities other than unity are ignored. A recent paper by Klump and Grandville (2000) examined other elasticities but assumed an exogenous saving rate. By contrast, this paper studies elasticity and endogenous growth. Endogenei...
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2003
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| Online Access: | https://ink.library.smu.edu.sg/soe_research/682 https://ink.library.smu.edu.sg/context/soe_research/article/1681/viewcontent/Elasticityandgrowth.pdf |
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| Institution: | Singapore Management University |
| Language: | English |