A Model of the Transition to Growth

Michael Waugh, Guillaume Vandenbroucke and B Ravikumar

No 1259, 2010 Meeting Papers from Society for Economic Dynamics

Abstract: productivity: a new technology is "more risky" and more productive on average. In this context, the adoption of the new technology from a low level of income (close to subsistence) generates a gradual increase in the investment to output ratio.

Date: 2010
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:red:sed010:1259

Access Statistics for this paper

More papers in 2010 Meeting Papers from Society for Economic Dynamics Society for Economic Dynamics Marina Azzimonti Department of Economics Stonybrook University 10 Nicolls Road Stonybrook NY 11790 USA. Contact information at EDIRC.
Bibliographic data for series maintained by Christian Zimmermann ().