Inflation and Balanced-Path Growth with Alternative Payment Mechanisms [PDF]
The paper shows that contrary to conventional wisdom an endogenous growth economy with human capital and alternative payment mechanisms can robustly explain major facets of the long run inflation experience.
Max Gillman, Michal Kejak
core
Production Technology Estimates and Balanced Growth
, 2015 M. León-Ledesma +4 more
semanticscholar +1 more source
Sustainable growth under pollution quotas: optimal R&D, investment and replacement policies [PDF]
We consider an optimal growth model of an economy facing an exogenous pollution quota. In the absence of an international market of pollution permits, the economy has three instruments to reach sustainable growth: R&D to develop cleaner technologies ...
Natali Hritonenko +2 more
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Ramsey Fiscal Policy and Endogenous Growth: A Comment [PDF]
Recently, Park (2009, Economic Theory 39, 377--398) extended the Barro endogenous growth model (1990) by assuming that tax rate is optimally chosen by the government and labor supply is elastic.
Jenn-hong Tang
core
Technological opportunity, long-run growth and convergence [PDF]
We derive an R&D-based semi-endogenous growth model where technological progress depends on the available amount of technological opportunity. Incremental innovations provide direct increases in the knowledge stock but they reduce technological ...
Ingmar, SCHUMACHER, Jakub, GROWIEC
core
Amino-Acid-Balanced Low-Protein Diets Reduce Nitrogen Excretion Without Affecting Growth Performance in Broilers. [PDF]
Animals (Basel)Nanto-Hara F, Ema T, Ohtsu H.
europepmc +1 more source
Why Might a Country Want to Develop its Comparative Disadvantage Industries? [PDF]
This paper develops a general equilibrium 2x2 Ricardian model that demonstrates the possibility of immiserizing growth as a result of a productivity improvement in a country's export industry.
Dingsheng Zhang, Wenli Cheng
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THE SUSTAINABLE GROWTH PARADIGM'S APPLICATION TO U.S. FARM BUSINESSES [PDF]
The sustainable growth paradigm is used to analyze aggregate output decisions across U.S. agricultural productions regions. Results show that the farm sector has adapted to positive or negative sustainable growth challenges (SGC) and that, from an ...
Escalante, Cesar L., Turvey, Calum G.
core +1 more source
A two-country dynamic model of international trade and endogenous growth: multiple balanced growth paths and stability [PDF]
We formulate a two-country endogenous growth model which explain joint determination of long-run trade patterns and world growth rates. After providing the existence and local stability of the continuum of balanced growth paths, we show that main ...
Junko Doi +2 more
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