Population, immigration and growth in a Romer endogenous growth model

Immigration, Human Capital Formation and Endogenous Economic Growth

Immigration, Human Capital Formation and Endogenous Economic Growth* Census data from international sources covering 77% of the world’s migrant population indicate that the skill composition of migrants in major destination countries, including the US, has been rising over the last four decades. Moreover, the population share of skilled migrants has been approaching or exceeding that of skilled...

The immigration surplus revisited in a general equilibrium model with endogenous growth

We revisit the work of Borjas (1995) which has provided an influential positive theory of immigration policy. An important feature of his framework is the focus on the skill-composition of immigrants and we retain this feature in our paper. Our contribution to this literature is to extend his analysis in a number of directions. First, we study the immigration surplus in the context of a general...

Efficiency with Endogenous Population Growth

In this paper, we generalize the notion of Pareto-efficiency to make it applicable to environments with endogenous populations. Two efficiency concepts are proposed, P-efficiency and A-efficiency. The two concepts differ in how they treat potential agents that are not born. We show that these concepts are closely related to the notion of Pareto-efficiency when fertility is exogenous. We then pr...

Endogenous growth promotors and inhibitors in tahiti lime

Optimal Government Spending and Taxation in Three-Sector Endogenous Growth Model-Case Iran

The recent literature on taxation and growth has stressed the optimality of a zero long-run taxation on all accumulative factors of production. For a given path of government spending, the optimal tax plan requires the government to build up a positive stock of public wealth in the short run in the long-run, government spending can be financed with the income accruing from the management of the...