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Manuel A. Gómez |
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''Equilibrium efficiency in the Uzawa-Lucas model with sector-specific externalities'' |
( 2006, Vol. 8 No.3 ) |
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This note shows that the competitive equilibrium is efficient in the Uzawa-Lucas endogenous growth model with sector-specific externalities associated to human capital in the goods sector for a large class of goods production technologies. |
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Keywords: |
JEL: H2 - Taxation, Subsidies, and Revenue: General O4 - Economic Growth and Aggregate Productivity: General |
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Manuscript Received : Mar 17 2006 | | Manuscript Accepted : Mar 23 2006 |
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