Electronic Resource
Oxford, UK
:
Blackwell Publishing Ltd
Bulletin of economic research
35 (1983), S. 0
ISSN:
1467-8586
Source:
Blackwell Publishing Journal Backfiles 1879-2005
Topics:
Economics
Notes:
In this paper population growth is the outcome of a utility maximizing process undertaken by each working generation. This is distinct from the usual treatment of population growth as an exogenous variable. Steady state growth paths are analysed, and the model is extended to allow for international lending and borrowing. The results obtained broadly correspond to the case of a given rate of increase of population, but under certain assumptions it is found that a capital importing country will have a faster rate of growth as a result of being able to borrow on international capital markets.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1111/j.1467-8586.1983.tb00443.x
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