Title:Endogenous Growth and Time-To-Build: The Ak Case Author(s):BAMBI, MauroDate:2008Citation:
- Journal of Economic Dynamics & Control, 2008, 32, 4, 1015-1040
Type:ArticleAbstract:In this paper, a continuous time AK model is fully analyzed under the time-to-build assumption. The existence and uniqueness of a (real) balanced growth path as well as oscillatory convergence are proved. Transversality ...