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The effect of population size in idea-based growth models: A critical survey

Author

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  • Ákos Dombi

    (Budapest University of Technology and Economics, Department of Finance, Műegyetem rkp. 3-9, H-1111 Budapest, Hungary)

Abstract

This paper reviews the issue of population size (scale effects) in idea-based growth models. It addresses both weak and strong scale effects and incorporates the related distinctive features of the three strata of idea-based growth models. The paper also comments on third-generation models, emphasising their fragile framework due to the limited range of R&D spillover space they can accommodate. It is argued that because of the shortcomings of the third-generation models, a precise mapping of the relationship between population size and economic growth requires further research.

Suggested Citation

  • Ákos Dombi, 2013. "The effect of population size in idea-based growth models: A critical survey," Acta Oeconomica, Akadémiai Kiadó, Hungary, vol. 63(4), pages 469-491, December.
    • Handle: RePEc:aka:aoecon:v:63:y:2013:i:4:p:469-491
    Note: I am grateful to Davide Fiaschi (University of Pisa) and Erich W. Streissler (University of Vienna) for the useful discussions with them and their comments on the early version of this paper. I also wish to thank the two anonymous referees for their valuable comments and suggestions.
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    More about this item

    Keywords

    idea-based growth models; scale effects; R&D spillovers;
    All these keywords.

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • O41 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models

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