Author: | Dalgaard, C.-J. Kreiner, C. T. |
Title: | Is declining productivity inevitable? |
Journal: | Journal of Economic Growth
2001 : SEP, VOL. 6:3, p. 187-203 |
Index terms: | R&D Productivity measurement Population change |
Language: | eng |
Abstract: | By allowing for endogenous human capital in a basic R&D driven growth model the authors develop a theory of scale-invariant endogenous growth according to which population growth is neither necessary nor conductive for economic growth. |
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