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Existence of an optimal growth path with endogenous technical change

Chichilnisky, Graciela et al.
Munich Personal RePEc Archive · Reports
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intellectual-property-rightsresearch-and-developmenttechnological-change
We prove the existence of an optimal growth path in an economy where goods that are not consumed are wither invested in next period or in R&D with overall non-convex production possibilities, ising results of non-linear functional analysis in weighted Lp spaces of Chichilnisky (Journal of Optimicati
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