Matches in SemOpenAlex for { <https://semopenalex.org/work/W3123234027> ?p ?o ?g. }
Showing items 1 to 71 of
71
with 100 items per page.
- W3123234027 abstract "In this paper we propose a locally interactive model which explains both the cross sectional dynamics as well as the possibility of multiple long run equilibria. Firms can choose between two technologies say 1 and 0; the returns from technology 1 are affected by the number of neighboring firms using it; the returns from technology 0 are independent of neighboring firms technological choices. Durlauf (1993) explains nonergodic growth via strong technological complementarities. By modeling in a different way the transmission of the spillover effects, we show that in presence of technological complementarities of intermediate strength we have either two or infinitely many long run equilibria. The basin of attraction of these equilibria depend on the initial conditions. On the other hand when the technological complementarities are either very weak or very strong then we have a unique long run equilibrium. As for the dynamic behavior, we shall explain the formation of large connected areas, clusters. As the cluster size grows at a rate slower than t, such areas seem to be stationary along the dynamics." @default.
- W3123234027 created "2021-02-01" @default.
- W3123234027 creator A5040620374 @default.
- W3123234027 creator A5044009212 @default.
- W3123234027 date "2000-04-01" @default.
- W3123234027 modified "2023-09-27" @default.
- W3123234027 title "A simple locally interactive model of ergodic and nonergodic growth" @default.
- W3123234027 hasPublicationYear "2000" @default.
- W3123234027 type Work @default.
- W3123234027 sameAs 3123234027 @default.
- W3123234027 citedByCount "0" @default.
- W3123234027 crossrefType "posted-content" @default.
- W3123234027 hasAuthorship W3123234027A5040620374 @default.
- W3123234027 hasAuthorship W3123234027A5044009212 @default.
- W3123234027 hasConcept C111472728 @default.
- W3123234027 hasConcept C121332964 @default.
- W3123234027 hasConcept C121864883 @default.
- W3123234027 hasConcept C122044880 @default.
- W3123234027 hasConcept C138885662 @default.
- W3123234027 hasConcept C149782125 @default.
- W3123234027 hasConcept C162324750 @default.
- W3123234027 hasConcept C164866538 @default.
- W3123234027 hasConcept C175444787 @default.
- W3123234027 hasConcept C199360897 @default.
- W3123234027 hasConcept C202444582 @default.
- W3123234027 hasConcept C2780586882 @default.
- W3123234027 hasConcept C33923547 @default.
- W3123234027 hasConcept C41008148 @default.
- W3123234027 hasConcept C55527203 @default.
- W3123234027 hasConceptScore W3123234027C111472728 @default.
- W3123234027 hasConceptScore W3123234027C121332964 @default.
- W3123234027 hasConceptScore W3123234027C121864883 @default.
- W3123234027 hasConceptScore W3123234027C122044880 @default.
- W3123234027 hasConceptScore W3123234027C138885662 @default.
- W3123234027 hasConceptScore W3123234027C149782125 @default.
- W3123234027 hasConceptScore W3123234027C162324750 @default.
- W3123234027 hasConceptScore W3123234027C164866538 @default.
- W3123234027 hasConceptScore W3123234027C175444787 @default.
- W3123234027 hasConceptScore W3123234027C199360897 @default.
- W3123234027 hasConceptScore W3123234027C202444582 @default.
- W3123234027 hasConceptScore W3123234027C2780586882 @default.
- W3123234027 hasConceptScore W3123234027C33923547 @default.
- W3123234027 hasConceptScore W3123234027C41008148 @default.
- W3123234027 hasConceptScore W3123234027C55527203 @default.
- W3123234027 hasLocation W31232340271 @default.
- W3123234027 hasOpenAccess W3123234027 @default.
- W3123234027 hasPrimaryLocation W31232340271 @default.
- W3123234027 hasRelatedWork W1493303856 @default.
- W3123234027 hasRelatedWork W1510598601 @default.
- W3123234027 hasRelatedWork W1512162379 @default.
- W3123234027 hasRelatedWork W1515533469 @default.
- W3123234027 hasRelatedWork W1529858616 @default.
- W3123234027 hasRelatedWork W1539545150 @default.
- W3123234027 hasRelatedWork W1608071348 @default.
- W3123234027 hasRelatedWork W2004760386 @default.
- W3123234027 hasRelatedWork W2009496624 @default.
- W3123234027 hasRelatedWork W2085618287 @default.
- W3123234027 hasRelatedWork W2092313260 @default.
- W3123234027 hasRelatedWork W2230851939 @default.
- W3123234027 hasRelatedWork W2494008150 @default.
- W3123234027 hasRelatedWork W2891293501 @default.
- W3123234027 hasRelatedWork W3111716160 @default.
- W3123234027 hasRelatedWork W3121951503 @default.
- W3123234027 hasRelatedWork W3187158271 @default.
- W3123234027 hasRelatedWork W3203012570 @default.
- W3123234027 hasRelatedWork W3208435104 @default.
- W3123234027 hasRelatedWork W2528080500 @default.
- W3123234027 isParatext "false" @default.
- W3123234027 isRetracted "false" @default.
- W3123234027 magId "3123234027" @default.
- W3123234027 workType "article" @default.