Keywords: Growth model
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Journal Articles
Studies in Economics and Finance (2016) 33 (4): 488–500.
Published: 03 October 2016
... a Schumpeterian endogenous growth model, allowing for the entry of competitive firms with an explicit role for politics and banking. Findings Assuming that technologically advanced firms are located in developed countries and backward firms in developing countries, the model in this study suggests that low...

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