Dynamics of a two-sector endogenous growth model with intersectoral knowledge spillovers

Takumi Naito, Ryoji Ohdoi

Research output: Contribution to journalArticle

4 Citations (Scopus)

Abstract

In a two-sector endogenous growth model with learning by doing and intersectoral knowledge spillovers, we associate local dynamics with the slope of the excess demand curve for a consumption good. Factor intensity determines the income effect, which governs dynamics.

Original languageEnglish
Pages (from-to)599-605
Number of pages7
JournalEconomic Theory
Volume35
Issue number3
DOIs
Publication statusPublished - 2008 Jun 1

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Keywords

  • Excess demand curve
  • Factor intensity
  • Income effect
  • Intersectoral knowledge spillovers
  • Two-sector endogenous growth model

ASJC Scopus subject areas

  • Economics and Econometrics

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