Efficiency and Equilibrium with Dynamic Increasing Aggregate Returns due to Demand Complementarities

DOI10.1111/1468-0262.00034zbMath1049.91513OpenAlexW2153220366WikidataQ58319731 ScholiaQ58319731MaRDI QIDQ4799842

Antonio Ciccone, Kiminori Matsuyama

Publication date: 1999

Published in: Econometrica (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1111/1468-0262.00034

zbMATH Keywords

dynamic equilibrium allocationsdynamic inefficienciesdynamic nonconvexities at the aggregate leveldynamic nonconvexities at the disaggregate levelHicks-Allen complements (substitutes)optimal intertemporal allocations

Mathematics Subject Classification ID

Economic growth models (91B62)

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