Dynamic analysis of patent policy in an endogenous growth model (vol 132, pg 306, 2007)
成果类型：
Correction
署名作者：
Konishi, Teruki
署名单位：
Kyoto University
刊物名称：
JOURNAL OF ECONOMIC THEORY
ISSN/ISSBN：
0022-0531
DOI：
10.1016/j.jet.2022.105521
发表日期：
2022
关键词：
摘要：
This note reexamines the condition of Proposition 4 in Futagami and Iwaisako (2007) and then provides an alternative proof of the proposition without relying on any additional parameter conditions. The generalized version of Proposition 4 now shows that the dynamics in an economy with a finite patent length alwaysinvolve nonmonotonic convergence of the equilibrium path. (C) 2022 Elsevier Inc. All rights reserved.