Semi-endogenous growth when population is decreasing

Thomas Christiaans (thomas.christiaans@fom.de)
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Thomas Christiaans: FOM University of Applied Sciences

Economics Bulletin, 2011, vol. 31, issue 3, 2667-2673

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.

Keywords: negative population growth; semi-endogenous growth (search for similar items in EconPapers)
JEL-codes: O4 (search for similar items in EconPapers)
Date: 2011-09-16
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Citations: View citations in EconPapers (24)

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