Dynamic analysis of patent policy in an endogenous growth model (vol 132, pg 306, 2007)

被引:0
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作者
Konishi, Teruki [1 ]
机构
[1] Kyoto Univ, Fac Econ, Kyoto, Japan
关键词
D O I
10.1016/j.jet.2022.105521
中图分类号
F [经济];
学科分类号
02 ;
摘要
This note reexamines the condition of Proposition 4 in Futagami and Iwaisako (2007) and then provides an alternative proof of the proposition without relying on any additional parameter conditions. The generalized version of Proposition 4 now shows that the dynamics in an economy with a finite patent length alwaysinvolve nonmonotonic convergence of the equilibrium path. (C) 2022 Elsevier Inc. All rights reserved.
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