• Title of article

    Existence of an optimal growth path with endogenous technical change

  • Author/Authors

    Graciela Chichilnisky، نويسنده , , Paul F. Gruenwald، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 1995
  • Pages
    7
  • From page
    433
  • To page
    439
  • Abstract
    We prove the existence of an optimal growth path in an economy where goods that are not consumed are either invested in next period capital or in R&D with overall non-convex production possibilities, using results of non-linear functional analysis in weighted Lp spaces of Chichilnisky (Journal of Optimization Theory and Applications, 1977, 61, no. 2, 504–520) and (Journal of Mathematical Economics, 1981, 8, 1–14).
  • Keywords
    Endogenous growth , Technical change , Increasing returns
  • Journal title
    Economics Letters
  • Serial Year
    1995
  • Journal title
    Economics Letters
  • Record number

    433951