Exploring Growth Trajectories
Journal
Journal of Economic Growth
Type
journal article
Date Issued
1997-12
Author(s)
Abstract
In this article we try an exploration, by means of a few simple exercises, of the consequences of introducing into a standard endogenous-growth model with expanding product variety the possibility that the invention process of the new blueprints may follow more than one single predetermined trajectory. The main motivations are a slightly more realistic formalization of entrepreneurial creativity with spillovers and the greater flexibility of the economic results.
Language
English
HSG Classification
contribution to scientific community
HSG Profile Area
SEPS - Economic Policy
Refereed
Yes
Publisher
Springer
Volume
2
Number
4
Start page
385
End page
398
Pages
14
Subject(s)
Eprints ID
222090