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Three Theorems on Growth and Competition

URN to cite this document: urn:nbn:de:bvb:355-opus-8121

Arnold, Lutz G. and Bauer, Christian J. (2007) Three Theorems on Growth and Competition. Regensburger Diskussionsbeiträge zur Wirtschaftswissenschaft 423, Working Paper.

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This paper proves three theorems on growth and competition in a standard increasing variety endogenous growth model and draws conclusions for second-best competition policies. First, no growth may be better than some growth, since modest positive growth potentially requires sizeable static welfare losses. Second, the economy may converge to a steady state with zero growth, even though another ...


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Item Type:Monograph (Working Paper)
Institutions:Business, Economics and Information Systems > Institut für Volkswirtschaftslehre und Ökonometrie > Lehrstuhl für Theoretische Volkswirtschaft (Prof. Dr. Lutz Arnold)
Identification Number:
RePEc:bay:rdwiwi:812RePEc Handle
F15Journal of Economics Literature Classification
F43Journal of Economics Literature Classification
O31Journal of Economics Literature Classification
O34Journal of Economics Literature Classification
O41Journal of Economics Literature Classification
Keywords:Endogenes Wirtschaftswachstum , Wettbewerb , Deregulierung, Armutsfalle , Handelsliberalisierung, endogeneous growth , competition , deregulation , poverty trap , trade liberalization
Subjects:300 Social sciences > 330 Economics
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 10:32
Item ID:4540
Owner Only: item control page
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