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Cuadernos de Economía
Print version ISSN 0121-4772On-line version ISSN 2248-4337
Abstract
ORTIZ, Carlos Humberto. APRENDIZAJE EN LA PRODUCCIÓN DE CAPITAL, CRECIMIENTO ACELERADO Y CAMBIO ESTRUCTURAL. Cuad. Econ. [online]. 2008, vol.27, n.48, pp.115-142. ISSN 0121-4772.
Based on a two-sector model of endogenous growth (Rebelo 1991), where a consumption good and a capital good are produced, this paper analyzes the effect of assuming learning-by-doing in the capital-good sector. The modified model reproduces two patterns of long-run economic development: accelerated growth and structural change.
Keywords : learning-by-doing; linear function; accelerated growth; structural change.