Economic Growth and Wealth Accumulation with Perfect and Monopolistic Competition
This study constructs a growth model by integrating the three basic models in neoclassical growth theory with perfect competition and general equilibrium theory with monopolistic competition. The economy is composed of three sectors – the final good sector as in Solow’s one sector growth model, the...
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Format: | Article |
Language: | English |
Published: |
Editura Univeristatii "Stefan cel Mare" din Suceava
2020-06-01
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Series: | USV Annals of Economics and Public Administration |
Subjects: | |
Online Access: | http://annals.seap.usv.ro/index.php/annals/article/view/1216/1000 |