Economic transition and growth
Some extensions of neoclassical growth models are discussed that allow for cross-section heterogeneity among economies and evolution in rates of technological progress over time. The models offer a spectrum of transitional behavior among economies that includes convergence to a common steady-state p...
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Main Authors: | , |
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2009
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Online Access: | https://ink.library.smu.edu.sg/soe_research/2116 https://ink.library.smu.edu.sg/context/soe_research/article/3116/viewcontent/J_of_Applied_Econometrics___2009___Phillips___Economic_transition_and_growth__1_.pdf |
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Institution: | Singapore Management University |
Language: | English |