Endogenous growth: A knife edge or the razor's edge?

被引:10
作者
Dalgaard, CJ [1 ]
Kreiner, CT [1 ]
机构
[1] Univ Copenhagen, DK-1455 Copenhagen, Denmark
关键词
endogenous growth theory;
D O I
10.1111/1467-9442.00005
中图分类号
F [经济];
学科分类号
02 [经济学];
摘要
According to much of the recent growth literature, the dramatic worldwide decline in fertility currently taking place should ultimately lead to global economic stagnation. This pessimistic prediction is not shared by the original innovation-based growth literature. In recent years, however, this strand of the literature has been criticized for resting on implausible knife-edge assumptions and for its inconsistency with available evidence. In this paper, we argue that this conclusion is unwarranted.
引用
收藏
页码:73 / 85
页数:13
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