Flying or trapped?

We develop a unified theory with endogenous technology choice in human/knowledge capital accumulation to obtain a rich array of development paradigms. The transition from a less productive technology to a more productive one occurs via endogenous technology choice without requiring any force of big...

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Veröffentlicht in:	Economic theory 2023-02, Vol.75 (2), p.341-388
Hauptverfasser:	Hu, Yunfang, Kunieda, Takuma, Nishimura, Kazuo, Wang, Ping
Format:	Artikel
Sprache:	eng
Schlagworte:	Accumulation Barriers Capital formation Economic growth Economic theory Economic Theory/Quantitative Economics/Mathematical Methods Economics Economics and Finance Efficacy Endogenous Flying Game Theory Geese Growth models Human capital Knowledge Microeconomics Per capita Productivity Public Finance Real income Research Article Social and Behav. Sciences Technology
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