Impact of R&D growth model with public and private education on income and population growth

Makoto Hirono

Applied Economics Letters, 2020, vol. 27, issue 2, 131-135

Abstract: This paper analyses an R&D-based growth model that presents an empirically plausible relationship between population growth and income growth for in particular developed countries. The paper shows that in the presence of highly productive education, a decrease in population growth accelerates income growth even though public education sectors are not well developed.

Date: 2020
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DOI: 10.1080/13504851.2019.1610699

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