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Capital Growth Paths of the Neoclassical Growth Model
This paper derives the first-order approximated paths of both types of capital in the two-capital neoclassical growth model. The derived capital growth paths reveal that the short-run growth effect of capital injection differs considerably depending on which type of capital is enhanced. This result...
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
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Public Library of Science
2012
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| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3502446/ https://www.ncbi.nlm.nih.gov/pubmed/23185344 http://dx.doi.org/10.1371/journal.pone.0049484 |