Rethinking the Concept of Long-Run Economic Growth
Publikation: Working paper
This paper argues that growth theory needs a more general "regularity" concept than that of exponential growth. This offers the possibility of considering a richer set of parameter combinations than in standard growth models. Allowing zero population growth in the Jones (1995) model serves as our illustration of the usefulness of a general concept of "regular growth"
Originalsprog | Engelsk |
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Udgivelsessted | Munich |
Udgiver | CESifo |
Antal sider | 11 |
Status | Udgivet - 2006 |
Bibliografisk note
JEL Classification: O31, O40, O41
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Forskningsområder
ID: 327260