Population and economic growth with human and physical capital investments
AbstractWe present a two-sector endogenous growth model with human and physical capital accumulation in order to analyze the long run relationship between population growth and real per capita income growth. Learning is assumed to affect agentsâ decision of how much to invest in formal education. Along the balanced growth path equilibrium population change may have a positive, negative, or neutral effect on economic growth depending on whether physical and human capital are complementary/substitutes for each other in the production of new human capital and on their degree of complementarity.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Springer in its journal International Review of Economics.
Volume (Year): 56 (2009)
Issue (Month): 1 (March)
Contact details of provider:
Web page: http://www.springer.com/economics/journal/12232
Other versions of this item:
- Alberto BUCCI & Davide LA TORRE, 2007. "Population and economic growth with human and physical capital investments," Departmental Working Papers 2007-45, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
- O41 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- J10 - Labor and Demographic Economics - - Demographic Economics - - - General
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Dalgaard, Carl-Johan & Kreiner, Claus Thustrup, 2001. " Is Declining Productivity Inevitable?," Journal of Economic Growth, Springer, vol. 6(3), pages 187-203, September.
- Galor, Oded & Moav, Omer, 2000.
"Natural Selection and the Origin of Economic Growth,"
2000:5, Institute for Futures Studies.
- Oded Galor & Omer Moav, 2002. "Natural Selection And The Origin Of Economic Growth," The Quarterly Journal of Economics, MIT Press, vol. 117(4), pages 1133-1191, November.
- Galor, Oded & Moav, Omer, 2001. "Natural Selection and the Origin of Economic Growth," CEPR Discussion Papers 2727, C.E.P.R. Discussion Papers.
- Oded Galor & Omer Moav, 2000. "Natural Selection and the Origin of economic Growth," Working Papers 2000-18, Brown University, Department of Economics.
- Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
- Fumitaka Furuoka & Qaiser Munir, 2011. "Population growth and standard of living: A threshold regression approach," Economics Bulletin, AccessEcon, vol. 31(1), pages 844-859.
- Fumitaka Furuoka, 2009. "Population Growth and Economic Development: New Empirical Evidence from Thailand," Economics Bulletin, AccessEcon, vol. 29(1), pages 1-14.
- Simone Marsiglio & Davide La Torre, 2012. "A note on demographic shocks in a multi-sector growth model," Economics Bulletin, AccessEcon, vol. 32(3), pages 2293-2299.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Guenther Eichhorn) or (Christopher F Baum).
If references are entirely missing, you can add them using this form.