Quantifying Optimal Policy in an Endogenous Growth Model: A Theoretical Analysis
Keywords:
endogenous growth, R, social planner, monopolistic distortions, optimal policy
Abstract
This paper aims to characterize the optimal growth path of an endogenous growth model with domestic innovation, human capital and external technology spillovers through import of technologically advanced products and foreign direct investments. There are three sources of inefficiency in the model; monopolistic competition in the intermediate-goods sector, duplication externalities and spillovers in R
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How to Cite
Ahmed Bellakhdhar. (2019). Quantifying Optimal Policy in an Endogenous Growth Model: A Theoretical Analysis. Global Journal of Management and Business Research, 19(F2), 1–16. Retrieved from https://journalofbusiness.org/index.php/GJMBR/article/view/2860
Published
2019-05-15
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This work is licensed under a Creative Commons Attribution 4.0 International License.