Indeterminate equilibrium growth with product and R&D spillovers
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DOI: 10.1016/j.econmod.2019.09.054
Abstract: Abstract The paper revisits an endogenously growing economy a la Romer (1990) to explore the possibility of local and global indeterminacy where, along with the usual R&D spillover, a manufacturing sector generates a product spillover… read more here.
Keywords: product spillover; product; product spillovers; indeterminacy ... See more keywords