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Diverging Population and Endogenous Growth in a Model of Meaningless Trade

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  • Deardorff, A.V.

Abstract

The endogenous growth literature raises the possibility that countries may grow without bound in terms of per capita income, and that they may do so at different rates. This posibility also exists in neoclassical growth models with diverging populations- populations tha grow at different rates. In both cases, however, this means that international inequality of per capita incomes will not only exist but also get wese over time This paper examiens that possibility within a very simple one-sector model that allows for both diverging populations and endogenous growth.

Suggested Citation

  • Deardorff, A.V., 1997. "Diverging Population and Endogenous Growth in a Model of Meaningless Trade," Working Papers 407, Research Seminar in International Economics, University of Michigan.
    • Handle: RePEc:mie:wpaper:407
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    Cited by:

    1. Trefler, Daniel & Zhu, Susan Chun, 2010. "The structure of factor content predictions," Journal of International Economics, Elsevier, vol. 82(2), pages 195-207, November.

    More about this item

    Keywords

    ECONOMIC GROWTH ; INCOME ; POPULATION;
    All these keywords.

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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