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Transitional Dynamics in Two-Sector Models of Endogenous Growth

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NBER1992-02-01 更新2025-01-04 收录
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The steady state and transitional dynamics of two-sector models of endogenous growth are analyzed in this paper. We describe necessary conditions for endogenous growth. The conditions allow us to reduce the dynamics of the solution to a system with one state-like and two control-like variables. We

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1992-02-01
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