Population and Endogenous Growth

Creina Day

ANU Working Papers in Economics and Econometrics from Australian National University, College of Business and Economics, School of Economics

Abstract: Using a general three sector growth model, this paper derives general conditions for positive growth in the economy along a balanced growth path under the alternative assumptions of a static population and a growing population. The framework is general enough to replicate endogenous and semi-endogenous R&D based growth models. This paper challenges the conventional wisdom that (non-) linearity is synonymous with (semi-) endogenous growth. CES technology is introduced to human capital accumulation to obtain positive balanced growth with or without population growth.

JEL-codes: O30 O41 (search for similar items in EconPapers)
Pages: 33 pages
Date: 2006-10
New Economics Papers: this item is included in nep-dev and nep-dge
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https://www.cbe.anu.edu.au/researchpapers/econ/wp475.pdf (application/pdf)

Related works:
Working Paper: Population and Endogenous Growth (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:acb:cbeeco:2006-475

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