Assessing Dynamic Efficiency: Theory and Evidence
نویسندگان
چکیده
منابع مشابه
Assessing Dynamic Efficiency: Theory and Evidence
The issue of dynamic efficiency is central to analyses of capital accumulation and economic growth. Yet the question of what characteristics should be examined to determine whether actual economies are dynamically efficient is unresolved. This paper develops a criterion for determining whether an economy is dynamically efficient. The criterion, which holds for economies in which technological p...
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ژورنال
عنوان ژورنال: The Review of Economic Studies
سال: 1989
ISSN: 0034-6527,1467-937X
DOI: 10.2307/2297746