English, Article edition: The Dynamics of the Jones R&D Growth Model Lutz G. Arnold

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/112713
Physical Description
  • article
Language
  • English

Edition details

Title
  • The Dynamics of the Jones R&​D Growth Model
Author
  • Lutz G. Arnold
Physical Description
  • article
Notes
  • The dynamics of most prominent endogenous growth models are well understood. One notable exception is the Jones (1995) R&​D growth model. This paper provides an analytical treatment of this model's transitional dynamics. It is shown that, given constant returns to labor in R&​D (as conventionally assumed in R&​D growth models), a unique trajectory converging to the balanced growth path exists. The equilibrium growth path can be monotonic or oscillatory. Moreover, applying a theorem from Arnold (2005), this result can be used to characterize the dynamic behavior of the multi-country open-economy version of the model. (Copyright: Elsevier)
  • growth without scale effects, transitional dynamics
  • RePEc:red:issued:v:9:y:2006:i:1:p:143-152
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment