Equilibrium efficiency in the Uzawa−Lucas model with sector−specific externalities
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Equilibrium efficiency in the Uzawa−Lucas model with sector−specific externalitiesFecha
2006Cita bibliográfica
Manuel A. Gómez, 2006. "Equilibrium efficiency in the Uzawa-Lucas model with sector-specific externalities," Economics Bulletin, AccessEcon, vol. 8(3), pages 1-8.
Resumen
[Abstract]: This note shows that the competitive equilibrium is efficient in the Uzawa−Lucas
endogenous growth model with sector−specific externalities associated to human capital in
the goods sector for a large class of goods production technologies.
