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
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