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Diverging Populations and Endogenous Growth in a Model of Meaningless Trade

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  • Deardorff, Alan V

Abstract

The 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.

Suggested Citation

  • Deardorff, Alan V, 1999. "Diverging Populations and Endogenous Growth in a Model of Meaningless Trade," Review of International Economics, Wiley Blackwell, vol. 7(3), pages 359-377, August.
  • Handle: RePEc:bla:reviec:v:7:y:1999:i:3:p:359-77
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    1. Jean Tirole, 1988. "The Theory of Industrial Organization," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262200716, January.
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    Cited by:

    1. Trefler, Daniel & Zhu, Susan Chun, 2010. "The structure of factor content predictions," Journal of International Economics, Elsevier, pages 195-207.

    More about this item

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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