文章基本信息

标题：Indeterminacy in a variety expansion model of endogenous growth
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作者：Jorge Alcalde-Unzu
期刊名称：Economics Bulletin
电子版ISSN：1545-2921
出版年度：2007
卷号：4
出版社：Economics Bulletin
摘要：In this paper, I demonstrate that an expanding variety model of endogenous growth with temporary monopoly power exhibits the indeterminacy of equilibrium paths. This implies the existence of a global range of initial growth rates for any initial level of the state variable.
关键词：endogenous growth