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Economic Growth and Decline with Endogenous Property Rights

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NBER1993-05-01 更新2025-01-04 收录
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https://www.nber.org/papers/w4354
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This paper introduces endogenous property rights into a neoclassical growth model. 1t identifies a mechanism that generates growth rates which are increasing at low levels of capital. and decreasing at high levels of capital. The driving force behind changes in property rights is the attempt of each
创建时间:
1993-05-01
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