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Derive an expression for the growth rate of output for the economy. In words, explain whether there is output growth on the transition path to
- Derive an expression for the growth rate of output for the economy. In words, explain whether there is output growth on the transition path to the steady state and whether there is output growth in the steady state.
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Essentials of Econometrics
Authors: Damodar Gujarati, Dawn Porter
4th edition
73375845, 978-0071276078, 71276076, 978-0073375847
