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Fertility and Sustained Growth
Robert E. Lucas, Jr.
Wuhan University
June, 2004
Problem
Ricardian theory rules out possibility of sustained growth: “dismal
science”
Predicts that increases in knowledge eventually result in population
growth only
Observe that this sometimes, but not always, occurs
– Demographic transition
How reconcile with Ricardian theory of pre-industrial society?
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[此贴子已经被nlm0402于2009-5-28 14:08:38编辑过]
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