Population and Endogenous Growth

Creina Day

DEGIT Conference Papers from DEGIT, Dynamics, Economic Growth, and International Trade

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.

Keywords: (Semi-)endogenous growth; linearity; population; R&D; CES (search for similar items in EconPapers)
JEL-codes: O30 O41 (search for similar items in EconPapers)
Pages: 35 pages
Date: 2007-06
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Working Paper: Population and Endogenous Growth (2006)
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Persistent link: https://EconPapers.repec.org/RePEc:deg:conpap:c012_006

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