研讨论文
A Review of R&D-Based Growth Models
主讲人
明洋（创新发展学院中国经济与管理研究助理教授）
上期回顾
We reviewed the features and limitations of the first-generation endogenous growth models.We went through an expanding variety model in which the final good is produced with labor and a continuum of differentiated intermediate goods(machines).The R&D is done with the final good;successful innovations create new machine varieties,which bring profit flows due to the monopolistic competitive market structure.We compared the BGP growth rates in the decentralized equilibrium and the social planner's solution;the former is lower due to insufficient R&D input.
本期预告
We will study two alternative expanding variety models.The first features technological spillover and uses labor as R&D input.In the second model,the variety is defined over consumption goods rather than intermediate inputs.
主持人/点评老师
王忏、明洋
时间
12月21日18:30-21:30
地点
学术会堂712
活动对象
创新发展学院、金融学院学生
人数规模
30人
主办单位
创新发展学院中国经济与管理研究院、
金融学院联合主办
撰稿：明洋
审稿：汪雄剑
编辑：沈嘉怡
审核：王颖
