Learning strategies in modelling economic growth

Juan Brida, Juan Pereyra () and Wiston Risso ()
Additional contact information
Wiston Risso: School of Economics and Management - Free University of Bolzano

Economics Bulletin, 2011, vol. 31, issue 1, 546-559

Abstract: Cornerstone economic growth models as the Solow-Swan model and their modern extensions normally assume the rate of population growth as exogenous without any explanation of the links between economic growth and most important demographic variables. Recently, some articles have presented models to explain many phenomena of population dynamics, including evolution and ageing. This paper is a first exercise to include endogenous population dynamics and learning strategies as ingredients of an economic growth model. The model includes two ways of learning that determinate economic growth: individual and social learning. We study the dynamics through computer simulations and we show that the model reflects some features of real economies.

Keywords: Economic Growth; Learning Strategies; Human Capital; Penna model (search for similar items in EconPapers)
JEL-codes: D8 J0 (search for similar items in EconPapers)
Date: 2011-02-14
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.accessecon.com/Pubs/EB/2011/Volume31/EB-11-V31-I1-P53.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-10-00713

Access Statistics for this article

More articles in Economics Bulletin from AccessEcon
Bibliographic data for series maintained by John P. Conley ().