Sequeira, Tiago Neves2018-06-222018-06-222012-12Sequeira, Tiago Neves (2001). "Facts and distortions in an endogenous growth model with physical capital, human capital and varieties". Portuguese Economic Journal, 11(3):171-1881617-982X (print)1617-9838 (online)http://hdl.handle.net/10400.5/15695This article studies a model with physical and human capital accumulation and varieties. The model includes several distortions: duplication effects, spillovers, creative destruction, surplus appropriability, and an erosion effect. We show that the duplication effect in R&D is essential to make the model replicate several stylized facts linked with R&D. We evaluate the distance to the optimal solution, comparing the strength of each distortion.engEndogenous growth modelsConvergenceDistortionsFacts and distortions in an endogenous growth model with physical capital, human capital and varietiesjournal article10.1007/s10258-012-0083-6