Un-Balanced Economic Growth
Since the elasticity of substitution between capital and labor is not always one, and since technical progress is not always Harrod-neutral, it is desirable to have an endogenous growth model that admits all sizes of the elasticity and all known technology modes. We derive an equation to do just tha...
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2007
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| Online Access: | https://ink.library.smu.edu.sg/soe_research/1068 https://ink.library.smu.edu.sg/context/soe_research/article/2067/viewcontent/Un_balancedEconomicGrowth.pdf |
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| Institution: | Singapore Management University |
| Language: | English |