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

被引:67
作者
Benassy, JP [1 ]
机构
[1] CEPREMAP, F-75013 Paris, France
关键词
endogenous growth; research;
D O I
10.1016/S0014-2921(97)00061-5
中图分类号
F [经济];
学科分类号
02 ;
摘要
It is generally believed that models of endogenous growth with expanding product variety typically yield a too low level of research. We show here that this result is due to the implicit choice of a particular value for a crucial parameter. Once this parameter is set free, one finds that too much research can occur as well.
引用
收藏
页码:61 / 69
页数:9
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