KNOWLEDGE-BASED GROWTH WITH EXOGENOUS POPULATION EVOLUTION - A BALANCED GROWTH ANALYSIS

被引:1
|
作者
TRANNAM, B [1 ]
TRUONG, CN [1 ]
机构
[1] UNIV WESTERN SYDNEY, FAC COMMERCE, KINGSWOOD, NSW 2747, AUSTRALIA
关键词
D O I
10.1016/0165-1765(94)90095-7
中图分类号
F [经济];
学科分类号
02 ;
摘要
We investigate a centrally-planned, infinite-horizon, single-good economy in which the labour force grows exogenously and new knowledge is generated in a separate R&D sector. Various balanced growth scenarios are studied and characterized, using a general production technology and a broad class of social utility functions.
引用
收藏
页码:507 / 512
页数:6
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