Arbeitspapier
Population ageing and endogenous economic growth
This article investigates the consequences of population ageing for long-run economic growth perspectives. We introduce population ageing into a generalized model of endogenous technological change incorporating the model of Romer (1990) and Jones (1995) as special cases. We find that increases in longevity have positive effects on steady state per capita output growth in endogenous as well as in semi-endogenous growth models. In the latter case, the positive dependence can also be shown for the equilibrium growth rate during transition to the steady state.
- Sprache
-
Englisch
- Erschienen in
-
Series: Vienna Institute of Demography Working Papers ; No. 8/2009
- Klassifikation
-
Wirtschaft
One, Two, and Multisector Growth Models
Demographic Economics: General
Optimization Techniques; Programming Models; Dynamic Analysis
- Thema
-
Population ageing
endogenous technological change
long-run economic growth
Alternde Bevölkerung
Endogener technischer Fortschritt
Neoklassisches Wachstumsmodell
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Prettner, Klaus
- Ereignis
-
Veröffentlichung
- (wer)
-
Austrian Academy of Sciences (ÖAW), Vienna Institute of Demography (VID)
- (wo)
-
Vienna
- (wann)
-
2009
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Prettner, Klaus
- Austrian Academy of Sciences (ÖAW), Vienna Institute of Demography (VID)
Entstanden
- 2009
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