scholarly journals Long-Run Market Configurations in a Dynamic Quality-Ladder Model with Heterogeneity

Author(s):  
Mario Samano ◽  
Marc Santugini
2018 ◽  
Vol 64 (7) ◽  
pp. 3187-3207 ◽  
Author(s):  
Linli Xu ◽  
Jorge M. Silva-Risso ◽  
Kenneth C. Wilbur

2008 ◽  
Vol 38 (4) ◽  
pp. 849-871
Author(s):  
Eduardo Correia de Souza

Here we perform the same kind of "integration experiments" as in Rivera-Batiz and Romer (1991), this time in the context of a "quality ladder model", where international trade integration is not enough to prevent redundancy of R&D efforts. Thus a further kind of integration is analysed: "financial market integration". We adopt as a setup the Simple Schumpeterian Model in Aghion and Howitt (2005), whose innovation technology differs sharply from the ones conceived by Rivera-Batiz and Romer in that it displays decreasing returns to scale.


2012 ◽  
Vol 122 (561) ◽  
pp. 618-650 ◽  
Author(s):  
Vincenzo Denicolò ◽  
Piercarlo Zanchettin

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