How long is Simon’s long run?: a first approach

Juan Pedro Garces Voisenat
Authors registered in the RePEc Author Service: Juan-Pedro Garces-Voisenat

MPRA Paper from University Library of Munich, Germany

Abstract: Julian Simon has stated, in many of his recent publications, that population growth, although reducing income per capita in the short run through capital dilution, increases the rate of growth of that same income per capita in the long run (steady state) through technical progress brought about by the increased rates of invention and innovation caused by a bigger population. This paper intends to measure empirically the length of time needed to achieve that steady state, through the experience of three industrialised countries, by means of a time-series analysis based on the models presented by Simon in his most recent work (1986).

Keywords: population; development; growth (search for similar items in EconPapers)
JEL-codes: O11 (search for similar items in EconPapers)
Date: 1987-07-18, Revised 2007
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/17416/1/MPRA_paper_17416.pdf original version (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:pra:mprapa:17416

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().