Semi-endogenous growth when population is decreasing
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.
Volume (Year): 31 (2011)
Issue (Month): 3 ()
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References listed on IDEAS
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