Endogenous growth , and time to build : the AK case ∗

  title={Endogenous growth , and time to build : the AK case ∗},
  author={Mauro Bambi},
In this paper an AK growth model is fully analyzed under the time to build assumption. The existence and uniqueness of the balance growth path and the oscillatory convergence of detrended capital while detrended consumption is constant over time is proved. Moreover the role of transversality conditions and the assumption of capital utilization, make these results hold for any value of the delay. 
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