Browsing ECO Working Papers by Subject "imitation"

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Browsing ECO Working Papers by Subject "imitation"

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    Title: Endogenous Growth through Selection and Imitation  Author(s): GABLER, Alain; LICANDRO, Omar Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: 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 ...