Types of balanced growth

被引:14
作者
Christiaans, T [1 ]
机构
[1] Univ Siegen, Dept Econ, D-57068 Siegen, Germany
关键词
steady state; semi-endogenous growth; non-scale growth;
D O I
10.1016/j.econlet.2003.08.013
中图分类号
F [经济];
学科分类号
02 ;
摘要
The notions of semi-endogenous and non-scale growth are sometimes used interchangeably. This paper shows that, they are logically independent. It is proven that, the existence of a steady state generally depends on knife-edge conditions. Choosing a linear population equation implies that only models of semi-endogenous growth without scale-effects do not depend on further knife-edge conditions. (C) 2003 Elsevier B.V. All rights reserved.
引用
收藏
页码:253 / 258
页数:6
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