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The transitional dynamics of an endogenous growth model: Generalizing production functions
(De Gruyter, 2012)
This paper devises a class of endogenous growth models with physical capital, human capital and product varieties. Unlike previous literature, we introduce a general specification of production that allows for disentangling ...
Phases of Economic Development: Do Initial Endowments Matter?
(De Gruyter, 2012)
[Abstract] Different industrializing experiences beginning on innovation or education could be explained not only by different structural parameters or policies but also by differences in factor endowments. In this paper, ...