Can population promote income per-capita growth? A balanced perspective
We develop a model in which technical progress, human capital and population interact endogenously to examine the impact of population growth on economic development. We find that population growth can be positively or negatively correlated with the growth rate of income per-capita. The outcome depends on the relative contribution of population and human capital to the determination of output growth.
Volume (Year): 15 (2007)
Issue (Month): 8 ()
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