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Title: |
Land, Saving and Capital Accumulation |
| Author: |
Kim, Woo Tack;
Jaang, Daehong; Kim, Kyung-Soo |
| Author
Affiliation: |
Hallym U; Sung
Kyun Kwan U |
| Source: |
International Economic Journal, Spring 1993, v. 7, no. 1, pp. 75-81 |
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Publication Date: |
Spring 1993 |
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Abstract: |
This paper
critically reexamines the consequences of including land as a productive
second asset in a neoclassical growth model under different savings
behaviors. Both the dynamics and the equilibrium are shown to be altered
significantly from those known previously in literature. |
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