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The aim of this paper is to perform a theoretically-based empirical analysis concerning the impact of demography on economic growth via the accumulation of human capital. Although the direct effects of demographic variables on economic growth have been widely investigated in the economic...
Persistent link: https://www.econbiz.de/10008475959
This paper analyzes the conditions under which, within a two-sector endogenous growth model with human and physical capital accumulation but without R&D-driven disembodied technological progress, we can observe an ambiguous effect of population growth on economic growth, as empirical evidence...
Persistent link: https://www.econbiz.de/10008475968
This paper deals with the world income distribution. In the first part of the article we present a simple theoretical model. We consider an economy that is made up of a representative household and where agents are involved in three types of activities: consumption goods production, human...
Persistent link: https://www.econbiz.de/10008475969