Growing at Different Rates

Thomas Krichel ()

School of Economics Discussion Papers from School of Economics, University of Surrey

Abstract: We examine a two country world. We endow each of the countries with externalities from both private and public capital that enable endogenous growth. We show conditions under which an equilibrium exists where both economies grow at constant but different rates.

JEL-codes: E62 F43 H54 (search for similar items in EconPapers)
Date: 1998-04
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