The DOI matches its Crossref record; 2 of the 2 references it cites were found in a registry or an index.
A Convex Model of Equilibrium Growth: Theory and Policy Implications
Abstract
Our aim in this paper is to exposit a convex model of equilibrium growth. The model has two features that distinguish it from most other work on the subject: first, that the model is convex on the technological side, and second, that fixed factors are explicitly included. Existence and characterization results are provided along with some preliminary analyses of taxation and international trade policies. It is shown that the long-run growth rate in per capita consumption depends, in the natural way, on the parameters describing tastes, technology, and policies. It is demonstrated that in a free-trade equilibrium with taxation, national growth rates of consumption and output need not converge.
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Citations
Cites
A contribution to the theory of economic growth
Solow, R. M. (1956) · The Quarterly Journal of Economics · doi:10.2307/1884513 · Cited by 24,483
On the mechanics of economic development
Lucas, R. E. (1988) · Journal of Monetary Economics · doi:10.1016/0304-3932(88)90168-7 · Cited by 24,085
Cited by
Financial markets in development, and the development of financial markets
Greenwood, J., & Smith, B. D. (1997) · Journal of Economic Dynamics and Control · doi:10.1016/0165-1889(95)00928-0 · Cited by 918
Labor- and Capital-Augmenting Technical Change
Acemoglu, D. (2003) · Journal of the European Economic Association · doi:10.1162/154247603322256756 · Cited by 747
Easterly, W., Kremer, M., Pritchett, L., & Summers, L. H. (1993) · Journal of Monetary Economics · doi:10.1016/0304-3932(93)90026-c · Cited by 561
Factor Shares and Savings in Endogenous Growth
Bertola, G. (1991) · National Bureau of Economic Research · doi:10.3386/w3851 · Cited by 377
(1994) · American Economic Review · Cited by 204
Metadata
- Authors
- Jones, L. E., & Manuelli, R.
- Venue
- Journal of Political Economy
- Publisher
- University of Chicago Press
- Published
- 1990-10
- Volume
- 98
- Issue
- 5, Part 1
- Pages
- 1008-1038
- ISSN
- 0022-3808 (ISSN-L)
- 1537-534X
- OpenAlex
- W2077442747
- Cited by
- 714
- References
- 2
- FWCI
- 55.57
- Type
- journal article
- Language
- en
- Open access
- closed
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- Jones, L. E., & Manuelli, R. (1990). A Convex Model of Equilibrium Growth: Theory and Policy Implications. Journal of Political Economy. https://doi.org/10.1086/261717
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
