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Sector-specific capital, “Bang-bang” investment, and the Filippov solution

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  • Charles Marrewijk
  • Jos Verbeek

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  • Charles Marrewijk & Jos Verbeek, 1993. "Sector-specific capital, “Bang-bang” investment, and the Filippov solution," Journal of Economics, Springer, vol. 57(2), pages 131-146, June.
    • Handle: RePEc:kap:jeczfn:v:57:y:1993:i:2:p:131-146
    DOI: 10.1007/BF01237411
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    1. Arnold C. Harberger, 1962. "The Incidence of the Corporation Income Tax," Journal of Political Economy, University of Chicago Press, vol. 70(3), pages 215-215.
    2. Picard, Pierre, 1983. "Inflation and growth in a disequilibrium macroeconomic model," Journal of Economic Theory, Elsevier, vol. 30(2), pages 266-295, August.
    3. Benhabib, Jess & Jovanovic, Boyan, 1991. "Externalities and Growth Accounting," American Economic Review, American Economic Association, vol. 81(1), pages 82-113, March.
    4. Ginsburgh, V & Henin, P Y & Michel, Ph, 1985. "A Dual Decision Approach to Disequilibrium Growth," Oxford Economic Papers, Oxford University Press, vol. 37(3), pages 353-361, September.
    5. van Marrewijk, Charles & Verbeek, Jos, 1993. "Disequilibrium Growth Theory in an International Perspective," Oxford Economic Papers, Oxford University Press, vol. 45(2), pages 311-331, April.
    6. Ito, Takatoshi, 1978. "A note on disequilibrium growth theory," Economics Letters, Elsevier, vol. 1(1), pages 21-25.
    7. Davis, Steven J, 1987. "Allocative Disturbances and Specific Capital in Real Business Cycle Theories," American Economic Review, American Economic Association, vol. 77(2), pages 326-332, May.
    8. N. Gregory Mankiw & David Romer & David N. Weil, 1992. "A Contribution to the Empirics of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 107(2), pages 407-437.
    9. Neary, J Peter, 1978. "Short-Run Capital Specificity and the Pure Theory of International Trade," Economic Journal, Royal Economic Society, vol. 88(351), pages 488-510, September.
    10. Schittko, Ulrich K. & Eckwert, Bernhard, 1985. "Dynamic aspects in a temporary equilibrium of international trade with quantity rationing," European Journal of Political Economy, Elsevier, vol. 1(2), pages 189-220.
    11. Emmanuel M. Drandakis, 1963. "Factor Substitution in the Two-Sector Growth Model," Cowles Foundation Discussion Papers 154R, Cowles Foundation for Research in Economics, Yale University.
    12. Ginsburgh, V & Henin, P Y & Michel, Ph, 1985. "A Dual Decision Approach to Disequilibrium Growth," Oxford Economic Papers, Oxford University Press, vol. 37(3), pages 353-361, September.
    13. Honkapohja, Seppo & Ito, Takatoshi, 1982. "Disequilibrium dynamics with monetarist price expectations," Economics Letters, Elsevier, vol. 9(1), pages 69-75.
    14. Ryder, Harl E, Jr, 1969. "Optimal Accumulation in a Two-Sector Neoclassical Economy with Non-Shiftable Capital," Journal of Political Economy, University of Chicago Press, vol. 77(4), pages 665-683, Part II, .
    15. O'Rourke, Kevin, 1989. "Tariffs and the current account with short-run capital specificity," Economics Letters, Elsevier, vol. 30(1), pages 67-70.
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    Cited by:

    1. Hori, Hajime, 1998. "A Hicksian two-sector model of unemployment, cycles, and growth," Journal of Economic Dynamics and Control, Elsevier, vol. 22(3), pages 369-399, March.

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