A growth model with multiple industries is developed to study how industries evolve as capital accumulates endogenously when each industry exhibits Marshallian externality (increasing returns to scale)...
This paper develops a dynamic general equilibrium model to explore industrial evolution and economic growth in a closed developing economy. The authors show that industries will endogenously upgrade toward...
Barriers to banking, by Asli Demirguc_Kunt. Finance and opportunity, by Ross Levine and Asli Demirguc_Kunt. Risk taking by banks in transition countries by Paul Wachtel and Rainer Haselmann. Foreign bank...
«Barriers to banking», Asli Demirguc Kunt. «Finance and opportunity», Ross Levine and Asli Demirguc Kunt. «Risk taking by banks in transition countries», Paul Wachtel and Rainer Haselmann. «Foreign bank...