作者:Eicher, TS; Turnovsky, SJ
作者单位:University of Washington; University of Washington Seattle
摘要:Growth models that incorporate non-rivalry and/or externalities imply that the size of an economy may influence its long-run growth rate. Such implied scale effects run counter to empirical evidence. This paper develops a general growth model to examine conditions under which balanced growth is void of scale effects. The model is general enough to replicate well known exogenous, as well as endogenous, (non-) scale models. We derive a series of propositions that show that these conditions for n...