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Browsing ECO Articles by Subject "R&D-driven growth models"
Now showing items 1-1 of 1
Title:The Refoundation of the Symmetric Equilibrium in Schumpeterian Growth Models
Author(s):COZZI, Guido; GIORDANI, Paolo; ZAMPARELLI, LucaDate:2007Type of Publication:ArticleAbstract:We provide a refoundation of the symmetric growth equilibrium characterizing the research sector of vertical R&D-driven growth models. We argue that the usual assumptions made in this class of models leave the agents ...