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ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München >
CESifo Working Papers, CESifo Group Munich >
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http://hdl.handle.net/10419/25746
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| Title: | | Rethinking the concept of long-run economic growth  |
| Authors: | | Groth, Christian Koch, Karl-Josef Steger, Thomas M. |
| Issue Date: | | 2006 |
| Series/Report no.: | | CESifo working paper 1701 |
| Abstract: | | This paper argues that growth theory needs a more general regularity concept than that of exponential growth. This offers the possibility of considering a richer set of parameter combinations than in standard growth models. Allowing zero population growth in the Jones (1995) model serves as our illustration of the usefulness of a general concept of regular growth. |
| JEL: | | O31 O40 O41 |
| Document Type: | | Working Paper |
| Appears in Collections: | | CESifo Working Papers, CESifo Group Munich
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