Boucekkine, Raouf; Martínez, Blanca; Ruiz-Tamarit, Ramon - HAL - 2011
. Overall, the sign of the level effect of population growth depends on preference and technology parameters, and on the initial … conditions as well. In contrast, we prove that the long-run level effect of population size on per capita income is negative … balanced growth paths, are deeply characterized in addition to the more standard growth effects. It is shown that the level …