Groth, Christian Koch, Karl-Josef Steger, Thomas M.
Year of Publication:
CESifo working paper 1701
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.