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Diffusion Dynamics and Creative Destruction in a Simple Classical Model
The article explores the impact of the diffusion of new methods of production on output and employment growth and income distribution within a Classical one‐sector framework. Disequilibrium paths are studied analytically and in terms of simulations. Diffusion by differential growth affects aggregate...
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
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John Wiley and Sons Inc.
2015
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| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5006261/ https://www.ncbi.nlm.nih.gov/pubmed/27642192 http://dx.doi.org/10.1111/meca.12085 |