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

Detalhes bibliográficos
Autor(a) principal: Sequeira, Tiago
Data de Publicação: 2008
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10362/11578
Resumo: There 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.
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spelling R&D spillovers in an endogenous growth model with physical capital, human capital and varietiesConvergenceStabilitySpilloversR&DThere 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.POCI/FCT - Fundacão para a Ciência e TecnologiaNova SBERUNSequeira, Tiago2014-03-13T11:40:08Z20082008-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10362/11578enginfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-03-11T03:46:07Zoai:run.unl.pt:10362/11578Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:20:23.905822Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv R&D spillovers in an endogenous growth model with physical capital, human capital and varieties
title R&D spillovers in an endogenous growth model with physical capital, human capital and varieties
spellingShingle R&D spillovers in an endogenous growth model with physical capital, human capital and varieties
Sequeira, Tiago
Convergence
Stability
Spillovers
R&D
title_short R&D spillovers in an endogenous growth model with physical capital, human capital and varieties
title_full R&D spillovers in an endogenous growth model with physical capital, human capital and varieties
title_fullStr R&D spillovers in an endogenous growth model with physical capital, human capital and varieties
title_full_unstemmed R&D spillovers in an endogenous growth model with physical capital, human capital and varieties
title_sort R&D spillovers in an endogenous growth model with physical capital, human capital and varieties
author Sequeira, Tiago
author_facet Sequeira, Tiago
author_role author
dc.contributor.none.fl_str_mv RUN
dc.contributor.author.fl_str_mv Sequeira, Tiago
dc.subject.por.fl_str_mv Convergence
Stability
Spillovers
R&D
topic Convergence
Stability
Spillovers
R&D
description There 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.
publishDate 2008
dc.date.none.fl_str_mv 2008
2008-01-01T00:00:00Z
2014-03-13T11:40:08Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10362/11578
url http://hdl.handle.net/10362/11578
dc.language.iso.fl_str_mv eng
language eng
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Nova SBE
publisher.none.fl_str_mv Nova SBE
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
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repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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