Endogenous growth with addictive habits [PDF]
In this paper, we investigate the global dynamics of an endogenous growth model with linear technology and addictive habits. We find feasible parameters’ conditions under which: (a) the resulting equilibrium consumption path is steeper than in a standard AK model; (b) endogenous fluctuations in the form of damping fluctuations around the balanced ...
Augeraud-Veron, Emmanuelle, Bambi, Mauro
openaire +6 more sources
Early life height and weight production functions with endogenous energy and protein inputs [PDF]
We examine effects of protein and energy intakes on height and weight growth for children between 6 and 24 months old in Guatemala and the Philippines. Using instrumental variables to control for endogeneity and estimating multiple specifications, we find that protein intake plays an important and positive role in height and weight growth in the 6-24 ...
arxiv +1 more source
Stability in a Two-Dimensional Dynamical System of Endogenous Growth with Public Capital
The aim of this study is to present a stability in a two-dimensional dynamical system of endogenous growth with public capital. We assume the simple model of the economic growth, in which both private and public capital can influence on the rate of ...
Borowska Aleksandra
doaj +1 more source
he Formation of the Model of Modernization of the Social Sphere in the System of Sustainable Endogenous Growth of Regions of Ukraine [PDF]
The article is aimed at substantiating the system of formation of the model of modernization of the social sphere in the system of sustainable endogenous growth of regions of Ukraine. An analysis of the status of social security in the regions of Ukraine
Vasyltsiv Taras G.+2 more
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Ten Facts on Declining Business Dynamism and Lessons from Endogenous Growth Theory
In this paper, we review the literature on declining business dynamism and its implications in the United States and propose a unifying theory to analyze the symptoms and the potential causes of this decline.
Ufuk Akcigit, Sina T. Ateş
semanticscholar +1 more source
Heterogeneous Markups, Growth, and Endogenous Misallocation
The recent work on misallocation argues that aggregate productivity in poor countries is low because various market frictions prevent marginal products from being equalized.
Michael Peters
semanticscholar +1 more source
Social capital and investment in R&D: new externalities
We introduce social capital in an endogenous growth model with physical capital, human capital, and research and development (R&D), and we compare the market with the efficient solutions.
Tiago Neves Sequeira+1 more
doaj +1 more source
Statistical Dynamics of Wealth Inequality in Stochastic Models of Growth [PDF]
Understanding the statistical dynamics of growth and inequality is a fundamental challenge to ecology and society. Recent analyses of wealth and income dynamics in contemporary societies show that economic inequality is very dynamic and that individuals experience substantially different growth rates over time.
arxiv +1 more source
International trade and endogenous growth: the case of Czech economy
The paper is focuses on testing of the presence of increasing returns to scale in the Czech economy production function that is constructed upon Solow growth accounting formula. The growth relation is adapted for imperfect competition in the goods market.
Marcel Ševela
doaj +1 more source
Exogenous and Endogenous Growth Models: a Critical Review
The main divisions of the theoretical economic growth literature that we study today include exogenous and endogenous growth models that have transitioned through a number of notions and criticisms.
T. Chirwa, N. Odhiambo
semanticscholar +1 more source