The effect of population size in idea-based growth models: A critical survey
Ákos Dombi
Acta Oeconomica, 2013, vol. 63, issue 4, 469-491
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.
Keywords: idea-based growth models; scale effects; R&D spillovers (search for similar items in EconPapers)
JEL-codes: O30 O31 O40 O41 (search for similar items in EconPapers)
Date: 2013
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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