Avinash Dixit (Dixit and Stiglitz , 1977 ) in the 1970s and called the Dixit-Stiglitz . Question 3 One of the key results of the endogenous growth model is that government policy decisions can permanently raise a country 's growth rate if they lead to more technological progress and innovation , hence making growth endogenous , as its name suggests . This also emphasize the role of private investment in research and development as the central source of technical progress and innovation , since most research and...











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