Endogenous growth with physical capital, human capital and product variety: A comment

Funke and Strulik (2000, European Economic Review 44, 491–515) propose an endogenous growth model with physical capital, human capital and R&D. This comment provides a rigorous proof of their Proposition 1, which characterizes the model's long-run growth equilibrium.

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Bibliographic Details
Published in:European economic review 2000-08, Vol.44 (8), p.1599-1605
Main Author: Arnold, Lutz G
Format: Article
Language:English
Subjects:
Economic growth
Growth models
Human capital
R&D
Research & development
Studies
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Summary:Funke and Strulik (2000, European Economic Review 44, 491–515) propose an endogenous growth model with physical capital, human capital and R&D. This comment provides a rigorous proof of their Proposition 1, which characterizes the model's long-run growth equilibrium.
ISSN:0014-2921
1873-572X
DOI:10.1016/S0014-2921(00)00063-5