A Model on Knowledge and Endogenous Growth
The authors present a model of endogenous growth in which the main engine of economic development is knowledge. Using a two-sector closed economy model that comprises of a conventional goods-producing sector and a research and development sector, their model incorporates two key aspects of knowledge...
Main Authors: | Chen, Derek H. C., Looi Kee, Hiau |
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Format: | Policy Research Working Paper |
Language: | English |
Published: |
World Bank, Washington, DC
2012
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2005/03/5669373/model-knowledge-endogenous-growth http://hdl.handle.net/10986/8878 |
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