### Question

Ok, so Romer (and others) use the following differential equation for labor growth:

dL/dt = kL

Does anybody know why we don't use the logistic equation?

dL/dt = kL(1-aL) so that we get an equilbrium population? Is this just a simplification?

dL/dt = kL

Does anybody know why we don't use the logistic equation?

dL/dt = kL(1-aL) so that we get an equilbrium population? Is this just a simplification?

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