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picture1_Endogenous Growth Theory Pdf 128741 | Media 219062 Smxx


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File: Endogenous Growth Theory Pdf 128741 | Media 219062 Smxx
Endogenous vs. Semi-endogenous ¤ Growth in a Two-R&D-Sector Model Chol-Won Liy Department of Economics University of Glasgow January 1999 Abstract This paper contributes to the endogenous versus semi-endogenous ...

icon picture PDF Filetype PDF | Posted on 14 Oct 2022 | 2 years ago
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...Endogenous vs semi growth in a two r d sector model chol won liy department of economics university glasgow january abstract this paper contributes to the versus de bate by establishing that latter emerges as general case whereas former becomes special it turns out en dogenous requires knife edge conditions parameters nding i stands against recent models which show long run canbeendogenousand ii resurrectsthestarkpolicyconclusionofsemi driving force our result is knowledge spillovers between activities are largely neglected existing studies keywords scalee ects endogenousandsemi endogenousgrowth quality and variety innovation jel classi cation o am grateful julia darby charles jones pietro perretto for their helpful comments all remaining errors mine ycorrespondence dept univ adam smith building g rt uk tel fax e mail cw li socsci gla ac downloadable at http www acad polecon cwli literature one major issues whether driven or according means technological change itself but pinned down a...
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