
- UID
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- 注册时间
- 2011-5-24
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- 2012-9-12
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neo- growth- technology will increase economic growth up to a point until returns reach a target rate of returns.
endogenious also same as new growth
says- no diminishing return to innovation so though returns will diminish as returns reach the target rate as suggested by neo-growth, low returns will trigger more innovation to develop new technogies which will further increase economic growth. |
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