Equilibrium efficiency in the Uzawa-Lucas model with sector-specific externalities

Manuel Gómez

Economics Bulletin, 2006, vol. 8, issue 3, 1-8

Abstract: This note shows that the competitive equilibrium is efficient in the Uzawa-Lucas endogenous growth model with sector-specific externalities associated to human capital in the goods sector for a large class of goods production technologies.

JEL-codes: H2 O4 (search for similar items in EconPapers)
Date: 2006-03-23
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Citations: View citations in EconPapers (2)

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