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Thomas Christiaans
''Semi-endogenous growth when population is decreasing''
( 2011, Vol. 31 No.3 )
The paper analyzes the effect of a negative population growth rate on per capita income growth using a simple model of semi-endogenous growth. It is shown that there is a non-monotonous relationship between population growth rates and long-run per capita income growth rates. Compared to the case of positive population growth the dynamics are richer and depend on the rate of depreciation. Semi-endogenous growth becomes partly endogenous.
Keywords: negative population growth, semi-endogenous growth
JEL: O4 - Economic Growth and Aggregate Productivity: General
Manuscript Received : Mar 23 2011 Manuscript Accepted : Sep 16 2011

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