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Semi-endogenous growth when population is decreasing

Author

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  • Thomas Christiaans

    (FOM University of Applied Sciences)

Abstract

The paper analyzes the effect of a negative population growth rate on per capita income growth using a simple model of semi-endogenous growth. It is shown that there is a non-monotonous relationship between population growth rates and long-run per capita income growth rates. Compared to the case of positive population growth the dynamics are richer and depend on the rate of depreciation. Semi-endogenous growth becomes partly endogenous.

Suggested Citation

  • Thomas Christiaans, 2011. "Semi-endogenous growth when population is decreasing," Economics Bulletin, AccessEcon, vol. 31(3), pages 2667-2673.
    • Handle: RePEc:ebl:ecbull:eb-11-00182
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    References listed on IDEAS

    as
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    2. Robert M. Solow, 1956. "A Contribution to the Theory of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 70(1), pages 65-94.
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    7. Christiaans Thomas, 2003. "Balance of Payments Constrained Non-Scale Growth and the Population Puzzle," The B.E. Journal of Macroeconomics, De Gruyter, vol. 3(1), pages 1-22, January.
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    JEL classification:

    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity

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