Intertemporal and intratemporal substitution, and the speed of convergence in the neoclassical growth model.

DOI10.1016/S0165-1889(01)00094-XzbMath1100.91553OpenAlexW1989883384MaRDI QIDQ1605222

Stephen J. Turnovsky

Publication date: 15 July 2002

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/s0165-1889(01)00094-x

zbMATH Keywords

GrowthConvergence elasticity of substitution

Mathematics Subject Classification ID

Economic growth models (91B62)

Related Items (14)

Distributional dynamics in a neoclassical growth model: the role of elastic labor supply ⋮ How misleading is linearization? Evaluating the dynamics of the neoclassical growth model ⋮ Calibration of normalised CES production functions in dynamic models ⋮ Optimal size of the government: the role of the elasticity of substitution ⋮ On the interaction between public and private capital in economic growth ⋮ DYNAMICS OF THE SAVING RATE IN THE NEOCLASSICAL GROWTH MODEL WITH CES PRODUCTION ⋮ The speed of convergence and alternative government financing ⋮ Consumption externalities: a representative consumer model when agents are heterogeneous ⋮ THE BEHAVIOR OF THE SAVING RATE IN THE NEOCLASSICAL OPTIMAL GROWTH MODEL ⋮ THE DYNAMICS OF WEALTH INEQUALITY IN A SIMPLE RAMSEY MODEL: A NOTE ON THE ROLE OF PRODUCTION FLEXIBILITY ⋮ FACTOR SUBSTITUTION AND ECONOMIC GROWTH: A UNIFIED APPROACH ⋮ Capital-labor substitution and equilibrium indeterminacy ⋮ Convergence speed and preference externalities in a one-sector model with elastic labor supply ⋮ Growth and income inequality in South Africa.

Cites Work

• Convergence in a two-sector nonscale growth model
• Growth Empirics: A Panel Data Approach
• Reopening the convergence debate: A new look at cross-country growth empirics.
• Convergence empirics across economies with (some) capital mobility.
• A Contribution to the Empirics of Economic Growth

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