Diverging Populations and Endogenous Growth in a Model of Meaningless Trade
AbstractThe endogenous growth literature raises the possibility that countries may grow without bound in terms of per capita income, and that they may do so at different rates. This possibility also exists in neoclassical growth models with diverging populations--populations that grow at different rates. In both cases, however, this means that international inequality of per capita incomes will not only exist but also get worse over time. This paper examines that possibility within a very simple one-sector model that allows for both diverging populations and endogenous growth. Copyright 1999 by Blackwell Publishing Ltd.
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Bibliographic InfoArticle provided by Wiley Blackwell in its journal Review of International Economics.
Volume (Year): 7 (1999)
Issue (Month): 3 (August)
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Web page: http://www.blackwellpublishing.com/journal.asp?ref=0965-7576
Other versions of this item:
- Deardorff, A.V., 1997. "Diverging Population and Endogenous Growth in a Model of Meaningless Trade," Working Papers 407, Research Seminar in International Economics, University of Michigan.
- Deardorff, A.V., 1997. "Diverging Populations and Endogenous Growth in a Model of Meaningless Trade," Working Papers 421, Research Seminar in International Economics, University of Michigan.
- F10 - International Economics - - Trade - - - General
- O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
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- Trefler, Daniel & Zhu, Susan Chun, 2010.
"The structure of factor content predictions,"
Journal of International Economics,
Elsevier, vol. 82(2), pages 195-207, November.
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