| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 966162 | Journal of Macroeconomics | 2008 | 21 Pages |
Abstract
This paper analyses the stability properties of the Grossman-Helpman [Grossman, G. Helpman, E., 1991b. Endogenous product cycles. The Economic Journal 101, 1229-1241] product-variety model of endogenous product cycles. It has been shown that there exists a unique saddle path converging to the steady state growth equilibrium of this model in the wide gap case as well as in the narrow gap case.
Related Topics
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Economics and Econometrics
Authors
Debasis Mondal,