… Here r and q are the co-state variables of k and h, respectively. Thus r is the shadow price of
… In contrast to the previous subsection, the models we review here endogenize government …

… An increase in N or R furthermore leads to a higher ratio of actual protection Δs over actual
… Our model thus generates complementarity between exogenously given legal protection, R, …

We have seen that Africa’s geography has distinctively shaped its opportunities. Two-thirds
of Africa’s population live in countries that are either dominated by natural resource wealth, …

… To achieve equality and thereby a balanced system, we endogenize additional monetary
flows from the GOS so that Equation 11 is fulfilled. This is justified, as the GOS is the excess of …

… for private R & D expenditures and public expenditures on both education and R & D are …
elasticities) reveal that tax allowances for private R & D are the most robust instrument to …

… of endogenizing capital for each country can be assessed. This can be done by calculating a
residual GFCF vector of net capital formation y r … K̃ to create y r e s = y tot K̃ + y r K . The final …

… We then show how to endogenize the direction vector in Section 3, present our data … ℜ + N
can produce a good output vector y ∈ ℜ + M and an undesirable or bad output vector b ∈ ℜ + …

… : r An … r An institution as an endogenous equilibrium outcome of the game: A clue to the
solution to the problem of infinite regression, as noted above, can be provided by endogenizing …

… Intending to comprehensively search for studies related to endogenizing fixed capital to
review its progress and hot content, we perform a search of the core collection of the Web of …

… A C-type person cannot reside closely to a R-type person because each R-type person has
… Thus, if C-type persons choose to reside in a city, then the distance between a pair of R-type …