A variety-expansion model of growth with external habit formation

DOI10.1016/J.JEDC.2007.10.008MaRDI QIDQ844774zbMATH OpenOpenAlexFDO

Authors Junko Doi, Kazuo Mino

Publication date 19 January 2010

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jedc.2007.10.008

zbMATH Keywords

variety expansionexternal habit formationgrowth and dynamics

Mathematics Subject Classification ID

Economic dynamics (91B55) Economic growth models (91B62)

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Cites work

• A Model of Growth Through Creative Destruction
• Comparison utility in a growth model
• Deep Habits
• Falling behind the Joneses: relative consumption and the growth--savings paradox
• Habit formation, catching up with the Joneses, and economic growth

Cited in

(10)

• Dynamic game model of endogenous growth with consumption externalities
• Productive consumption, the intertemporal consumption trade-off and growth.
• Optimal product variety and economic growth: The trade-off between internal and external economies of scale
• Variety expansion, preference shocks, and financial intermediaries
• The Manhattan metaphor
• The effects of consumption externalities in an R\&D-based growth model with endogenous skilled and unskilled labor supply
• Variable markups in the long-run: a generalization of preferences in growth models
• Can consumption habit spillovers be a source of equilibrium indeterminacy?
• TASTE FOR VARIETY AND OPTIMUM PRODUCT DIVERSITY IN AN OPEN ECONOMY
• CONFORMISM AND STRUCTURAL CHANGE

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