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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Other URL: http://www.opus-bayern.de/uni-regensburg/volltexte/2007/812
Abstract
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) | ||||||||||||
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| Series of the University of Regensburg: | Regensburger Diskussionsbeiträge zur Wirtschaftswissenschaft | ||||||||||||
| Date: | 2007 | ||||||||||||
| Institutions: | Business, Economics and Information Systems > Institut für Volkswirtschaftslehre und Ökonometrie > Lehrstuhl für Theoretische Volkswirtschaft (Prof. Dr. Lutz Arnold) | ||||||||||||
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| Keywords: | Endogenes Wirtschaftswachstum , Wettbewerb , Deregulierung, Armutsfalle , Handelsliberalisierung, endogeneous growth , competition , deregulation , poverty trap , trade liberalization | ||||||||||||
| Dewey Decimal Classification: | 300 Social sciences > 330 Economics | ||||||||||||
| Status: | Published | ||||||||||||
| Refereed: | No, this document will not be refereed | ||||||||||||
| Created at the University of Regensburg: | Yes | ||||||||||||
| Item ID: | 4540 |
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