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http://hdl.handle.net/10071/10489
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Campo DC | Valor | Idioma |
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dc.contributor.author | Gomes, O. | - |
dc.date.accessioned | 2015-12-23T15:59:54Z | - |
dc.date.available | 2015-12-23T15:59:54Z | - |
dc.date.issued | 2008 | - |
dc.identifier.issn | 0264-9993 | por |
dc.identifier.uri | https://ciencia.iscte-iul.pt/public/pub/id/22717 | - |
dc.identifier.uri | http://hdl.handle.net/10071/10489 | - |
dc.description | WOS:000258805900010 (Nº de Acesso Web of Science) | - |
dc.description.abstract | Following Jones and Williams [Jones, C.I., Williams, J., 2000. Too much of a good thing? The economics of investment in R&D. Journal of Economic Growth vol. 5 (no. 1), 65-85], we assume that R&D is simultaneously subject to positive and to negative external effects (e.g., the non-rival nature of technology conflicts with congestion externalities). This observation allows to conceive an economy where two R&D sectors evolve without departing significantly from each other in terms of their productive results (society tends to penalize imbalances in technical progress, making negative external effects to appear associated to a sector when this outstands relatively to the other sector, in turn, will be subject to positive externalities that reflect a catching up effect). The proposed framework, when associated to a growth setup, is able to replicate the existence of endogenous fluctuations and, therefore, it intends to be a contribution to the literature on endogenous business cycles. | por |
dc.language.iso | eng | por |
dc.publisher | Elsevier Science | por |
dc.rights | openAccess | por |
dc.subject | Technology | por |
dc.subject | Externalities | por |
dc.subject | Endogenous business cycles | por |
dc.subject | Growth models | por |
dc.subject | Nonlinear dynamics and chaos | por |
dc.title | Too much of a good thing: endogenous business cycles generated by bounded technological progress | por |
dc.type | article | en_US |
dc.pagination | 933-945 | por |
dc.publicationstatus | Publicado | por |
dc.peerreviewed | Sim | por |
dc.relation.publisherversion | The definitive version is available at: http://dx.doi.org/10.1016/j.econmod.2007.12.001 | por |
dc.journal | Economic Modelling | por |
dc.distribution | Internacional | por |
dc.volume | 25 | por |
dc.number | 5 | por |
degois.publication.firstPage | 933 | por |
degois.publication.lastPage | 945 | por |
degois.publication.issue | 5 | por |
degois.publication.title | Economic Modelling | por |
dc.date.updated | 2015-12-23T15:53:55Z | - |
Aparece nas coleções: | BRU-RI - Artigos em revistas científicas internacionais com arbitragem científica |
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Ficheiro | Descrição | Tamanho | Formato | |
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post_print_Economic_Modelling2008.pdf | 217,73 kB | Adobe PDF | Ver/Abrir |
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