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发布网友发布时间：2023-04-10 16:42

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热心网友时间：2023-09-16 15:44

This paper presents a fullv specified model of long-run growth in
which krlowledge is assumeti to be an input in proction that has
increasing marginal proctivity. It is essentially a comy?etitive equilibriurn
model with endogenous techilological change. In contrast lo
models based on diminislhing returns, growth rates can be increasing
over time. the effects of small disturbarlces can be amplified by the
actions of private agents, and large countries may always grow faster
than srnall courttries. Long-run evidence is offered in support of the
empirical relevance of these possibilities.
I.

热心网友时间：2023-09-16 15:45

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热心网友时间：2023-09-16 15:45

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热心网友时间：2023-09-16 15:46

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