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Browsing School of Science and Technology (2015-2019) by Subject "Stochastic factor shares"
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La Torre, Davide; Marsiglio, Simone; Mendivil, Franklin; Privileggi, Fabio
(Communications in Nonlinear Science and Numerical Simulation, 2018-05-01)
Abstract We analyze a multi-sector growth model subject to random shocks affecting the two sector-specific production functions twofold: the evolution of both productivity and factor shares is the result of such exogenous ...