A theory of endogenous technical progress: Dynamic Böhm-Bawerk effect and optimal R & D Policy

DOI10.1007/BF01288452zbMath0506.90015MaRDI QIDQ4744023

Ryuzo Sato, Takayuki Nôno

Publication date: 1982

Published in: Zeitschrift für Nationalökonomie (Search for Journal in Brave)

zbMATH Keywords

stabilityexistenceresearch and developmentoptimal programendogenous technical progressdynamic Boehn-Bawerk effectdynamic process of continuous delayslong-run steady-state equilibriumresearch inputsresearch outputs

Mathematics Subject Classification ID

Economic growth models (91B62)

Cites Work

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• Optimal dynamic advertising policies in the presence of continuously distributed time lags
• Optimal skill mix: An application of the maximum principle for systems with retarded controls
• Sufficient conditions for the optimal control of a class of systems with continuous lags
• The Impact of Technical Change on the Holotheticity of Production Functions
• On the Approximation of Integrals of Multivalued Functions
• Optimal Growth with Irreversible Investment in a Ramsey Model

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