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Article Dans Une Revue Research in Economics Année : 2001

The level of R&D spending in the variety-based endogenous growth model

Résumé

We show that equilibrium endogenous growth may be excessive in the variety-based endogenous growth model à la Romer (1990). This result is obtained by relaxing the assumption on the constant elasticity of the demand function for intermediate goods. © 2001 University of Venice.

Dates et versions

hal-02878017 , version 1 (22-06-2020)

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Citer

Jérôme Glachant. The level of R&D spending in the variety-based endogenous growth model. Research in Economics, 2001, 55 (3), pp.291--303. ⟨10.1006/reec.2000.0256⟩. ⟨hal-02878017⟩

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