Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/283633 
Autor:innen: 
Erscheinungsjahr: 
2018
Quellenangabe: 
[Journal:] SPOUDAI - Journal of Economics and Business [ISSN:] 2241-424X [Volume:] 68 [Issue:] 4 [Year:] 2018 [Pages:] 3-19
Verlag: 
University of Piraeus, Piraeus
Zusammenfassung: 
This study proposes an economic growth model with perfectly competitive and monopolistic competitive market structures. Our model is based on two core models in two mainstreams of economic theories. One is the Solow model in neoclassical growth theory. The other one is the Dixit-Stiglitz model of monopolistic competition. The unique contribution of this research is to integrate the two models in a comprehensive framework. It endogenously determines profit which is equally distributed among the homogeneous population. We examine the role of perfect competition and monopolistic competition in economic growth. We build and then simulate the model. We find a unique equilibrium point and confirm stability. We plot the motion of the economy and conduct comparative dynamic analyses to get some insights into the complexity of economic growth.
Schlagwörter: 
Solow model
monopolistic competition
Dixit-Stiglitz model
wealth accumulation
profit
JEL: 
D11
O41
L13
Dokumentart: 
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