Showing 1 - 10 of 6,585
This paper develops a unified model of growth, population, and technological progress that is consistent with long …-term historical evidence. The economy endogenously evolves through three phases. In the Malthusian regime, population growth is … population, so that output per capita is stable around a constant level. In the post-Malthusian regime, the growth rates of …
Persistent link: https://www.econbiz.de/10005662118
This research develops an evolutionary growth theory that captures the interplay between the evolution of mankind and … economic growth since the emergence of the human species. This unified theory encompasses the observed evolution of population …, technology and income per capita in the long transition from an epoch of Malthusian stagnation to sustained economic growth. The …
Persistent link: https://www.econbiz.de/10005666934
This Paper develops a theory of fertility and child educational choice that offers an explanation for the persistence … human capital. As a result, the poor choose high fertility rates with low education investment and therefore, their … offspring are poor as well. Furthermore, the high fertility rates in poor economies dilute physical capital accumulation and …
Persistent link: https://www.econbiz.de/10005667134
This paper examines the historical evolution of the relationship between population growth, technological change, and … the ``Modern Growth Regime". We view the unified modeling of this long transition process - from thousand of years of … Malthusian stagnation through the demographic transition to modern growth - as one of the most significant research challenges …
Persistent link: https://www.econbiz.de/10005791656
This paper examines a novel mechanism linking fertility and growth. There are three components to the model. First … transition: a rapid decline in fertility accompanied by accelerated output growth. … to men's. Second, increasing women's relative wages reduces fertility by raising the cost of children more than household …
Persistent link: https://www.econbiz.de/10005498148
We investigate the role of grandparental childcare for fertility decisions of their offspring. Exploiting pension … arrangements, investment in education or labor supply. Given the Italian lowest low fertility, we conclude that pension reforms may …
Persistent link: https://www.econbiz.de/10011083524
significant technological advancements along with a reduction in fertility rates and population growth, enabling economies to …The transition from stagnation to growth and the associated phenomenon of the great divergence have been the subject of … an intensive research in the growth literature in recent years. The discrepancy between the predictions of exogenous and …
Persistent link: https://www.econbiz.de/10014023783
fertility rates and population growth in various regions of the world, enabling economies to convert a larger share of the … prime forces in the transition from stagnation to growth. The unprecedented increase in population growth during the early … fruits of factor accumulation and technological progress into growth of income per capita. This Paper examines various …
Persistent link: https://www.econbiz.de/10005662096
evolutionary advantage to entrepreneurial, growth promoting traits and their increased representation accelerated the pace of … technological advancements and the process of economic development. Natural selection therefore had magnified growth promoting … evolutionary advantage, diminishing the growth potential of advanced economies and contributing to the convergence of the …
Persistent link: https://www.econbiz.de/10005136732
growth. The analysis focuses on recently advanced unified growth theories that capture the intricate evolution of income per … transition from stagnation to growth and the associated phenomenon of the great divergence in income per capita across countries … has been widely viewed as one of the most significant challenges facing researchers in the field of growth and development …
Persistent link: https://www.econbiz.de/10005497992