A Model of Endogenous Growth: The Case of an Innovative Economy

Constantin Chilarescu and Ioana Viasu
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Ioana Viasu: UVT - Universitatea de Vest din Timișoara [România] = West University of Timișoara [Romania] = Université Ouest de Timișoara [Roumanie]

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Abstract: The main aim of this paper is to bring some improvements to the model developed by Funke and Strulik, having as starting point the basic model proposed by Grossman and Helpman. We will prove that the competitive equilibrium solution is locally unique. Nevertheless, at least as regards the stability of equilibrium point, we confirm the results obtained by Funke and Strulik.

Date: 2013
Note: View the original document on HAL open archive server: https://hal.univ-lille.fr/hal-02397413
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Published in International Scholarly Research Notices, 2013, 2013, pp.901096. ⟨10.1155/2013/901096⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-02397413

DOI: 10.1155/2013/901096

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