haku: @indexterm product variety / yhteensä: 30
viite: 25 / 30
Tekijä: | Benassy, J-P. |
Otsikko: | Is there always too little research in endogenous growth with expanding product variety ? |
Lehti: | European Economic Review
1998 : JAN, VOL. 42:1, p. 61-69 |
Asiasana: | GROWTH RESEARCH MODELS PRODUCT VARIETY |
Kieli: | eng |
Tiivistelmä: | It is generally believed that models of endogenous growth with expanding product variety typically yield a too low level of research. It is shown in the article that this result is due to the implicit choice of a particular value for a crucial parameter. Once this parameter is set free, one finds that too much research can occur as well. |
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