On the many funds of growth: A note
成果类型：
Article
署名作者：
Eckstein, Z; Foulides, C; Kollintzas, T
署名单位：
Boston University; Athens University of Economics & Business; Centre for Economic Policy Research - UK
刊物名称：
INTERNATIONAL ECONOMIC REVIEW
ISSN/ISSBN：
0020-6598
DOI：
10.2307/2527334
发表日期：
1996
页码：
487-496
关键词：
摘要：
In this note we synthesize exogenous and endogenous sources of economic growth in a stochastic dynamic log linear general equilibrium model. Endogenous growth could be the result of internal constant returns to scale, external increasing returns to scale in the production of human capital or in the production of goods. We get a closed form log linear representation for the dynamic laws of motion for the human and physical capital stocks. Using the solution we distinguish between different sources of growth that combine exogenous technical progress with endogenous sources of growth that jointly can generate many possible patterns of economic growth.
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