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AA00260492-20050001-0073.pdf
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Title |
Title |
Indeterminacy in continuous-time two-sector models : an exposition
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西村, 和雄
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ニシムラ, カズオ
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Nishimura, Kazuo
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Institute of Economic Research, Kyoto University, Kyoto, Japan
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Venditti, Alain
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CNRS-GREQAM, Marseille, France
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Keio Economic Society, Keio University
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2005
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Source Title |
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Keio economic studies
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Volume |
42
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Issue |
1/2
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Year |
2005
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Start page |
73
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End page |
81
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Abstract |
The aim of this paper is to discuss the role of the elasticity of capital-labor substitution on the local determinacy properties of the steady state in a two-sector economy with CES technologies and sector-specific externalities.
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Keyword |
Sector-Specific Externalities
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Capital-Labor Substitution
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Note |
Special issue in honor of Prpfessor Michihiro Ohyama
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