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(DP 1995-04) Instability in the Basic Endogenous Growth Model
UPSE Discussion Papers
View Archive Info| Field | Value | |
| Title |
(DP 1995-04) Instability in the Basic Endogenous Growth Model
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| Creator |
Encarnacion, Jr., Jose
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| Description |
It is shown that the competitive equilibrium path is unstable in the basic model of endogenous growth with increasing returns. An extension of the model to include physical capital accumulation separately is also unstable.JEL classification D90.
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| Publisher |
UPSE Discussion Papers
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| Contributor |
—
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| Date |
2010-08-28
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
http://www.econ.upd.edu.ph/dp/index.php/dp/article/view/181
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| Source |
UPSE Discussion Papers; 1995
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| Language |
eng
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| Relation |
http://www.econ.upd.edu.ph/dp/index.php/dp/article/view/181/251
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