Abstract
This chapter deals with endogenous growth, putting special emphasis on the AK model. As a point of departure, in section 1, we shall take a closed economy. Then, in section 2, we shall proceed to a small open economy. Capital mobility will be either perfect or imperfect. And the country in question will be either a debtor or a ceditor. In section 3, we shall inquire into a two-country model. And finally, in section 4, we shall study an infinite horizon model.
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© 1997 Springer-Verlag Berlin Heidelberg
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Carlberg, M. (1997). Endogenous Growth. In: International Economic Growth. Contributions to Economics. Physica, Heidelberg. https://doi.org/10.1007/978-3-642-59256-0_8
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DOI: https://doi.org/10.1007/978-3-642-59256-0_8
Publisher Name: Physica, Heidelberg
Print ISBN: 978-3-7908-0995-4
Online ISBN: 978-3-642-59256-0
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