Title of article :
Types of balanced growth
Author/Authors :
Thomas Christiaans، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2004
Abstract :
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.
Keywords :
Steady state , Semi-endogenous growth , Non-scale growth
Journal title :
Economics Letters
Journal title :
Economics Letters