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The Jones R&D Growth Model: Comment on Stability

URN to cite this document: urn:nbn:de:bvb:355-opus-4783

Arnold, Lutz G. (2005) The Jones R&D Growth Model: Comment on Stability. Regensburger Diskussionsbeiträge zur Wirtschaftswissenschaft 405, Working Paper.

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Other URL: http://www.opus-bayern.de/uni-regensburg/volltexte/2005/478


Abstract

The dynamics of most prominent endogenous growth models are well understood. One notable exception is the Jones (1995) R&D growth model. This paper provides an analytical treatment of this model's transitional dynamics. It is shown that, given constant returns to labor in R&D (as conventionally assumed in R\&D growth models), a unique trajectory converging to the balanced growth path ...

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Item Type:Monograph (Working Paper)
Date:2005
Institutions:Business, Economics and Information Systems > Institut für Volkswirtschaftslehre und Ökonometrie > Lehrstuhl für Theoretische Volkswirtschaft (Prof. Dr. Lutz Arnold)
Identification Number:
ValueType
urn:nbn:de:bvb:355-opus-4783URN
RePEc:bay:rdwiwi:478RePEc Handle
Classification:
NotationType
F12Journal of Economics Literature Classification
O41Journal of Economics Literature Classification
Keywords:Endogenes Wirtschaftswachstum , Dynamische Stabilität, , endogenous growth , stability
Subjects:300 Social sciences > 330 Economics
Status:Published
Refereed:No this document will not be refereed
Created at the University of Regensburg:Yes
Owner: Universitätsbibliothek Regensburg
Deposited On:23 Sep 2008 09:24
Last Modified:13 Mar 2014 10:31
Item ID:4520
Owner Only: item control page
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