Technical Change in an Evolutionary Model
Richard R. Nelson, Sidney G. Winter, Herbert L. Schuette
The Quarterly Journal of Economics · 1976 · Volume 90 · Issue 1
Abstract
I. Introduction: Neoclassical theory and the evolutionary alternative, 90, — II. A specific evolutionary model, 93. — III. Calibration of the model, 98. — IV. Simulation results, 102. — V. Conclusion, 116.
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