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Endogenous Growth with Physical Capital, Human Capital and Product Variety: A Comment

Arnold, Lutz G.



Abstract

Funke and Strulik (2000, European Economic Review 44, 491–515) propose an endogenous growth model with physical capital, human capital and R&D. This comment provides a rigorous proof of their Proposition 1, which characterizes the model's long-run growth equilibrium.


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