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Growth and Ideas

Charles Jones ()

Chapter 16 in Handbook of Economic Growth, 2005, vol. 1, Part B, pp 1063-1111 from Elsevier

Abstract: Ideas are different from nearly all other economic goods in that they are nonrivalrous. This nonrivalry implies that production possibilities are likely to be characterized by increasing returns to scale, an insight that has profound implications for economic growth. The purpose of this chapter is to explore these implications.

JEL-codes: O0 (search for similar items in EconPapers)
Date: 2005
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