Hung, Nguyen Manh; Makdissi, Paul - Département d'Économique, Université Laval - 2001
In this paper, we develop a growth model in which human being is a production factor which can be combined with a fixed factor, say land, to produce a homogeneous commodity. Saving, so to speak, can only be made through having children, the number of which is an endogenous decision to the...