Schumpeterian growth with variable demand elasticity.

Variable Demand Elasticity preferences are introduced into a canonical two‐sector R&D model. The departure from the traditional CES specification yields novel growth dynamics: for a sufficiently high population growth rate, a semi‐endogenous balanced growth path ("BGP") of drastic innovation is char...

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Detalles Bibliográficos
Publicado en:Economic Inquiry Vol. 63; no. 4; pp. 1110 - 1127
Autor principal: Sorek, Gilad
Formato: Artículo
Publicado: Wiley-Blackwell Oct2025
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Acceso en línea:Ver este registro en EBSCOhost