Combining semi-endogenous and fully endogenous growth : A generalization
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DOI: 10.1016/j.econlet.2017.03.027
Abstract: This paper shows that combining the semi-endogenous and the fully endogenous growth mechanisms with a general CES aggregator, either growth process can prevail in the balanced growth path depending on their degree of complementarity/substitutability. Policy-induced… read more here.
Keywords: fully endogenous; endogenous growth; endogenous fully; semi endogenous ... See more keywords