Rethinking the Concept of Long-Run Economic Growth
Research output: Working paper › Research
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"
Original language | English |
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Place of Publication | Munich |
Publisher | CESifo |
Number of pages | 11 |
Publication status | Published - 2006 |
- Faculty of Social Sciences - exponential growth, knife-edge restrictions, semi-endogenous growth, arithmetic growth
Research areas
ID: 327260