Efficiency and Equilibrium with Dynamic Increasing Aggregate Returns due to Demand Complementarities
From MaRDI portal
Publication:4799842
DOI10.1111/1468-0262.00034zbMath1049.91513WikidataQ58319731 ScholiaQ58319731MaRDI QIDQ4799842
Kiminori Matsuyama, Antonio Ciccone
Publication date: 1999
Published in: Econometrica (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1111/1468-0262.00034
dynamic equilibrium allocations; dynamic inefficiencies; dynamic nonconvexities at the aggregate level; dynamic nonconvexities at the disaggregate level; Hicks-Allen complements (substitutes); optimal intertemporal allocations
91B62: Economic growth models
Related Items
Equipment prices, human capital and economic growth, What determines aggregate returns to scale?, Multiple equilibria and thresholds due to relative investment costs