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Title: R&, human capital, fertility, and growth
Authors: Tournemaine, F. 
Luangaram, P. 
Keywords: Fertility;Human capital;R&
Issue Date: 2012
Publisher: Scopus
University of the Thai Chamber of Commerce
Source: F. Tournemaine, P. Luangaram (2012) R&, human capital, fertility, and growth. Journal of Population Economics Vol.25 No.3, 923-953.
Abstract: This paper analyzes how the decisions of individuals to have children and acquire skills affect longtermgrowth. We investigatea model in which technical progress, human capital, and population arise endogenously. In such an economy, the presence ofdistortions (such as monopolistic competition, knowledge spillover, and duplication effects) leads the decentralized longrun growth to be either insufficient or excessive. We show that this result depends on the relative contribution of population and human capital in the determination of longterm growth, i. e., on how the distortions affect the tradeoff between the quantity ofoffsprings and the quality of the family members.
Rights: This work is protected by copyright. Reproduction or distribution of the work in any format is prohibited without written permission of the copyright owner.
Appears in Collections:RSO: Journal Articles

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