Exportar Publicação

A publicação pode ser exportada nos seguintes formatos: referência da APA (American Psychological Association), referência do IEEE (Institute of Electrical and Electronics Engineers), BibTeX e RIS.

Exportar Referência (APA) 
Sequeira, T. N., Ferreira-Lopes, A. & Gomes, O. (2014). A growth model with qualities, varieties, and human capital: stability and transitional dynamics. Studies in Nonlinear Dynamics and Econometrics. 18 (5), 543-555
Exportar Referência (IEEE) 
T. M. Sequeira et al.,  "A growth model with qualities, varieties, and human capital: stability and transitional dynamics", in Studies in Nonlinear Dynamics and Econometrics, vol. 18, no. 5, pp. 543-555, 2014
Exportar BibTeX 
@article{sequeira2014_1732203462305,
	author = "Sequeira, T. N. and Ferreira-Lopes, A. and Gomes, O.",
	title = "A growth model with qualities, varieties, and human capital: stability and transitional dynamics",
	journal = "Studies in Nonlinear Dynamics and Econometrics",
	year = "2014",
	volume = "18",
	number = "5",
	doi = "10.1515/snde-2013-0018",
	pages = "543-555",
	url = "http://www.degruyter.com/view/j/snde"
}
Exportar RIS 
TY  - JOUR
TI  - A growth model with qualities, varieties, and human capital: stability and transitional dynamics
T2  - Studies in Nonlinear Dynamics and Econometrics
VL  - 18
IS  - 5
AU  - Sequeira, T. N.
AU  - Ferreira-Lopes, A.
AU  - Gomes, O.
PY  - 2014
SP  - 543-555
SN  - 1081-1826
DO  - 10.1515/snde-2013-0018
UR  - http://www.degruyter.com/view/j/snde
AB  - This article analyses the stability properties of the steady-state and the transitional dynamics of an endogenous growth model with human capital, increasing-varieties R&D, and quality-ladders R&D [Strulik, 2005, Review of International Economics, 13 (1): 129-145]. We show that when spillovers within R&D sectors are higher than spillovers across the two R&D sectors, the equilibrium is unstable. However, when spillovers between sectors are higher than within, the equilibrium is a saddle-path. This result emphasizes the need for empirical research that compares quantitatively the importance of these two types of spillovers and highlights the importance of studying intersectoral effects between the two R&D sectors. We describe plausible paths of economic development after changes in crucial parameters and uncover some transitional effects that were impossible to detect in the steady-state analysis. We also show that this model's transition dynamics can mimic the main features of the process of productivity slowdown that began in the 1970's.
ER  -