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R&D spillovers in an endogenous growth model with physical capital, human capital and varieties

dc.contributor.authorSequeira, Tiago
dc.date.accessioned2014-03-13T11:40:08Z
dc.date.available2014-03-13T11:40:08Z
dc.date.issued2008
dc.description.abstractThere is a family of models with Physical, Human capital and R&D for which convergence properties have been discussed (Arnold, 2000a; Gómez, 2005). However, spillovers in R&D have been ignored in this context. We introduce spillovers in this model and derive its steady-state and stability properties. This new feature implies that the model is characterized by a system of four differential equations. A unique Balanced Growth Path along with a two dimensional stable manifold are obtained under simple and reasonable conditions. Transition is oscillatory toward the steady-state for plausible values of parameters.por
dc.description.sponsorshipPOCI/FCT - Fundacão para a Ciência e Tecnologiapor
dc.identifier.urihttp://hdl.handle.net/10362/11578
dc.language.isoengpor
dc.publisherNova SBEpor
dc.relation.ispartofseriesNova School of Business and Economics Working Paper Series;532
dc.subjectConvergencepor
dc.subjectStabilitypor
dc.subjectSpilloverspor
dc.subjectR&Dpor
dc.titleR&D spillovers in an endogenous growth model with physical capital, human capital and varietiespor
dc.typeworking paper
dspace.entity.typePublication
person.familyNameSequeira
person.givenNameTiago
person.identifier.ciencia-idF614-52AD-70CF
person.identifier.orcid0000-0002-5501-1562
person.identifier.ridB-5900-2009
person.identifier.scopus-author-id8310778100
rcaap.rightsopenAccesspor
rcaap.typeworkingPaperpor
relation.isAuthorOfPublicationcd1aced1-82f1-4d49-acc6-e0cd361f702f
relation.isAuthorOfPublication.latestForDiscoverycd1aced1-82f1-4d49-acc6-e0cd361f702f

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