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  • 标题:Communication costs, network externalities, and long-run growth
  • 本地全文:下载
  • 作者:Colin Davis
  • 期刊名称:Economics Bulletin
  • 电子版ISSN:1545-2921
  • 出版年度:2007
  • 卷号:15
  • 出版社:Economics Bulletin
  • 摘要:This note examines the effect of per-period communication costs in a model of expanding product variety. It is shown that while a decrease in communication costs leads to growth in aggregate output, this growth is only transitional with the growth rate falling to zero in the long run as the result of a congestion effect.
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