Endogenous Growth: Analytical Review of its Generating Mechanisms Maria-Joao Ribeiro* University of Warwick / University of Minho c/o Universidade do Minho Escola de Economia e Gestao Gualtar, Braga Portugal E-mail:mjribeiro@eeg ...
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...Endogenous growth analytical review of its generating mechanisms maria joao ribeiro university warwick minho c o universidade do escola de economia e gestao gualtar braga portugal mail mjribeiro eeg uminho pt abstract this paper consists an the most relevant models objective literature is to discuss analytically and under stand in integrated form main identied existing that generate endogenousornewgrowththeoryhas sofar producedthreemaintypesofmecha nisms through which sustained positive economic made possible one strategy brings a theory innovations or r d into model type endogenously determined technological progress engine thesecondmechanismdeliverssustainedpositive introduction accumulation human capital kind source long run per capita third way obtain simply abandon standard assumptions neoclassical more precisely assumption diminishing returns jel classication keywords non research development inada conditions i wish thank sayantan ghosal for his encouragement involvement intellec...