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A Critical Investigation of Long-run Preperties of Endogenous Growth Models
http://hdl.handle.net/10252/4280
http://hdl.handle.net/10252/4280ca617f4d-271e-4f1d-b529-1aeb38b64ed6
| 名前 / ファイル | ライセンス | アクション |
|---|---|---|
DP_106.PDF (1.4 MB)
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| Item type | テクニカルレポート / Technical Report(1) | |||||
|---|---|---|---|---|---|---|
| 公開日 | 2010-08-05 | |||||
| タイトル | ||||||
| タイトル | A Critical Investigation of Long-run Preperties of Endogenous Growth Models | |||||
| 言語 | ||||||
| 言語 | eng | |||||
| 資源タイプ | ||||||
| 資源タイプ識別子 | http://purl.org/coar/resource_type/c_18gh | |||||
| 資源タイプ | technical report | |||||
| 著者 |
Kato, Mutsuhiro
× Kato, Mutsuhiro |
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| 著者別名 | ||||||
| 識別子Scheme | WEKO | |||||
| 識別子 | 7787 | |||||
| 姓名 | 加藤, 睦洋 | |||||
| 書誌情報 |
Discussion paper series 巻 106, p. 1-24, 発行日 2006-05 |
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| 出版者 | ||||||
| 出版者 | 小樽商科大学ビジネス創造センター | |||||
| テキストバージョン | ||||||
| 出版タイプ | VoR | |||||
| 出版タイプResource | http://purl.org/coar/version/c_970fb48d4fbd8a85 | |||||
| 日本十進分類法 | ||||||
| 主題Scheme | NDC | |||||
| 主題 | 331.19 | |||||
| NIIサブジェクト | ||||||
| 主題Scheme | Other | |||||
| 主題 | 経済学 | |||||
| 抄録 | ||||||
| 内容記述タイプ | Abstract | |||||
| 内容記述 | This paper presents a critical investigation of long-run properties of endogenous growth models. A growth model is said to have desirable long-run properties when there is a unique steady state with sustained growth and when expressions of the steady state growth rates are robust for changes in values of parameters. It is shown that endogenous growth models never have the desirable long-run properties, whereas exogenous growth model do have them. These results reinforce the argument of Solow’s skepticism about new growth theory and establish that the Solow model is still the standard model of economic growth. | |||||
