Is there always too little research in endogenous growth with expanding product variety

作者: Jean-Pascal Benassy

DOI: 10.1016/S0014-2921(97)00061-5

关键词: EconomicsYield (finance)Set (psychology)EconometricsValue (mathematics)Product (category theory)Endogenous growth theoryPublic economicsVariety (cybernetics)

摘要: Abstract It is generally believed that models of endogenous growth with expanding product variety typically yield a too low level research. We show here this result due to the implicit choice particular value for crucial parameter. Once parameter set free, one finds much research can occur as well.

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