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Autore
Velupillai, K. Vela

Titolo
Using and Producing Ideas in Computable Endogenous Growth.
Periodico
Università degli studi di Trento. Dipartimento di Economia. Discussion papers
Anno: 2005 - Fascicolo: 16 - Pagina iniziale: 1 - Pagina finale: 21

It is shown that Paul Romer‘s suggestion to model algorithmically the use and production of ideas in an endogenous growth model is formally feasible. Such a modelling exercise imparts a natural evolutionary flavour to growth models. However, it is also shown that the policy implications are formally indeterminate in a precise and effective sense.



Testo completo: http://eprints.biblio.unitn.it/archive/00000904/

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