Complementarities and costly investment in a growth model

被引:13
|
作者
Thompson, Maria [1 ]
机构
[1] Univ Minho, NIPE, Dept Econ, P-4710057 Braga, Portugal
关键词
costly investment; complementarities; economic growth;
D O I
10.1007/s00712-008-0007-1
中图分类号
F [经济];
学科分类号
02 ;
摘要
We develop a one-sector growth model whose key aspect is the combination of the assumptions of internal costly investment in capital and complementarities between capital goods in the production function. Despite the nonlinearity generated by these assumptions, the model delivers a single equilibrium.
引用
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页码:231 / 240
页数:10
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