Showing 1 - 10 of 14
This paper examines a novel mechanism linking fertility and growth. There are three components to the model. First … to men's. Second, increasing women's relative wages reduces fertility by raising the cost of children more than household … income. Third, lower fertility raises the level of capital per worker. This positive feedback loop generates a demographic …
Persistent link: https://www.econbiz.de/10005498148
This paper explores the implications of Unified Growth Theory for the origins of existing differences in income per capita across countries. The theory sheds light on three fundamental layers of comparative development. It identifies the factors that have governed the pace of the transition from...
Persistent link: https://www.econbiz.de/10008577814
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 positively related to the level of income per capita....
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...
Persistent link: https://www.econbiz.de/10005666934
This paper examines the historical evolution of the relationship between population growth, technological change, and the standard of living. It considers several unified models that encompass the transition between three distinct regimes that have characterized the process of economic...
Persistent link: https://www.econbiz.de/10005791656
This research argues that the rapid expansion of international trade in the second phase of the industrial revolution has played a major role in the timing of demographic transitions across countries and has thereby been a significant determinant of the distribution of world population and a...
Persistent link: https://www.econbiz.de/10005124051
establish that indeed trade has positive effects on fertility and negative effects on education in non-OECD economies, while … inducing fertility decline and human capital formation in OECD economies. …
Persistent link: https://www.econbiz.de/10005114289
date of first marriage and the first birth to establish that while higher fecundity is associated with a larger number of …
Persistent link: https://www.econbiz.de/10011083757
fertility rates and population growth in various regions of the world, enabling economies to convert a larger share of the …
Persistent link: https://www.econbiz.de/10005662096
This research suggests that the evolution of entrepreneurial spirit played a significant role in the process of economic development and the evolution of inequality within and across societies. The study argues that entrepreneurial spirit evolved non-monotonically in the course of human history....
Persistent link: https://www.econbiz.de/10005136732