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, emphasizing the role of land in the development process. Starting from a pre-industrialization state called the "Malthusian regime …&qot;, land and labor are the main production factors. The size of population is limited by the quantity of land available for … effect". If this effect is strong enough, the economy can reach an "ultimate growth regime". In the different phases, land …
Persistent link: https://www.econbiz.de/10011025728
, emphasizing the role of land in the development process. Starting from a pre-industrialization state called the "Malthusian regime …", land and labor are the main production factors. The size of population is limited by the quantity of land available for … effect". If this effect is strong enough, the economy can reach an "ultimate growth regime". In the different phases, land …
Persistent link: https://www.econbiz.de/10010634972
, emphasizing the role of land in the development process. Starting from a pre-industrialization state called the "Malthusian regime …", land and labor are the main production factors. The size of population is limited by the quantity of land available for … effect". If this effect is strong enough, the economy can reach an "ultimate growth regime". In the different phases, land …
Persistent link: https://www.econbiz.de/10008853448
We revisit the seminal paper on endogenous fertility by Barro and Becker (1989) taking into account households' heterogeneity in terms of capital endowments, mortality differential and cost per surviving child. Focusing on an endogenous growth version, we show at first that there exists a unique...
Persistent link: https://www.econbiz.de/10008793875
An endogenous growth model with human capital formation, pollution caused by production of consumption goods, and endogenous fertility decisions made by altruistic agents with infinite horizons is presented. Consequences for optimal policy of modelling fertility as an explicit decision variable...
Persistent link: https://www.econbiz.de/10005678618
In this paper, we develop an overlapping generation model with imperfect competition and land to provide a theoretical …-proportional increase in land prices in developed countries. The model developed for analysis has close similarity with the standard … neoclassical overlapping generation model with endogenous growth and land. The main difference between the standard neoclassical …
Persistent link: https://www.econbiz.de/10013161577
In this paper, we develop an overlapping generation model with imperfect competition and land to provide a theoretical …-proportional increase in land prices in developed countries. The model developed for analysis has close similarity with the standard … neoclassical overlapping generation model with endogenous growth and land. The main difference between the standard neoclassical …
Persistent link: https://www.econbiz.de/10013201402
Persistent link: https://www.econbiz.de/10011431434
Persistent link: https://www.econbiz.de/10011436424
A multi-country Schumpeterian growth model is constructed when there is world-wide externality in technological knowledge. Households can enter the labour force as workers or become engineers at some cost. Production employs both workers and engineers while R&D uses only engineers. Workers are...
Persistent link: https://www.econbiz.de/10011541196