On convergence in endogenous growth models

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dc.contributor.author Ortigueira, Salvador
dc.contributor.author Santos, Manuel S.
dc.contributor.editor Universidad Carlos III de Madrid. Departamento de Economía
dc.date.accessioned 2008-09-24T09:12:02Z
dc.date.available 2008-09-24T09:12:02Z
dc.date.issued 1994-12
dc.identifier.issn 2340-5031
dc.identifier.uri http://hdl.handle.net/10016/2980
dc.description.abstract In this paper we analyze the rate of convergence to a balanced path in a class of endogenous growth models with physical and human capital. We show that such rate depends locally on the technological parameters of the model. but does not depend on those parameters related to preferences. These results stand in sharp contrast with those of the one-sector neoclassical growth model where both preferences and technologies determine the speed of convergence toward a steady state.
dc.format.mimetype application/pdf
dc.language.iso eng
dc.relation.ispartofseries UC3M Working Papers. Economics
dc.relation.ispartofseries 1994-54-26
dc.rights Atribución-NoComercial-SinDerivadas 3.0 España
dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.subject.other Neoclassical Growth Model
dc.subject.other Endogenous Growth Models
dc.subject.other Stability
dc.subject.other Speed of Convergence
dc.title On convergence in endogenous growth models
dc.type workingPaper
dc.subject.eciencia Economía
dc.rights.accessRights openAccess
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