Title:Endogenous Growth through Selection and Imitation
Author(s):GABLER, Alain; LICANDRO, OmarDate:2007Type:Working PaperSeries/Number:EUI ECO; 2007/26Abstract:A simple dynamic general equilibrium model is set up in which firms face
idiosyncratic productivity shocks. Firms whose productivity has fallen too
low exit, and entrants try to imitate the best practice of existing ...