Multiple transitional growth paths in endogenously growing open economies
Publication in refereed journal

香港中文大學研究人員
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摘要This paper extends research in indeterminacy literature to a small open economy, two-sector endogenous growth model. It shows that a continuum of equilibria exist in two situations, (i) the production functions exhibit social constant returns to scale with very small or even negligible externalities; and (ii) the production functions are standard constant returns to scale without externalities but the government implements asymmetric tax policies across sectors. (C) 2003 Elsevier Science (USA). All rights reserved.
著者Meng QL
期刊名稱Journal of Economic Theory
出版年份2003
月份2
日期1
卷號108
期次2
出版社ACADEMIC PRESS INC ELSEVIER SCIENCE
頁次365 - 376
國際標準期刊號0022-0531
電子國際標準期刊號1095-7235
語言英式英語
關鍵詞endogenous growth; indeterminacy; small open economies
Web of Science 學科類別Business & Economics; Economics; ECONOMICS

上次更新時間 2020-21-10 於 00:42