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providing evidence of a resource curse. Extractive industries in South Africa, Botswana, and Namibia have positive direct …
Persistent link: https://www.econbiz.de/10012266066
We assess Africa's prospects for enjoying a demographic dividend. While fertility rates and dependency ratios in Africa … Northern America. This projection suggests Africa has considerable potential to enjoy a demographic dividend. Whether and when … these areas, coordinated policies will likely be most effective in generating the momentum needed to pull Africa's economies …
Persistent link: https://www.econbiz.de/10011528105
The demographic transition is introduced into the otherwise standard Ramsey model to generate multiple equilibria, poverty traps, and demography-driven cycles. The model is calibrated for global data to explore the demographic conditions under which multiplicity is realized. Three cases arise,...
Persistent link: https://www.econbiz.de/10009130124
will be due to population growth in Africa. Given this, any policy that influences African demography will have a … fertility and education decisions, and hence, population growth in Africa. We present the results from different scenarios for …
Persistent link: https://www.econbiz.de/10010382705
In this paper we investigate the causal effect of life expectancy on economic growth by explicitly accounting for the role of the demographic transition. In addition to focusing on issues of empirical identification, this paper emphasizes the role of the econometric specification. We present a...
Persistent link: https://www.econbiz.de/10003837588
This paper argues that accounting for the dynamic interactions between endogenous changes in longevity, the education composition of the population, and the associated fertility differential is crucial for understanding the economic and the demographic transition. In the model, heterogeneous...
Persistent link: https://www.econbiz.de/10003591495
This paper develops the theoretical foundations and the testable implications of the various mechanisms that have been proposed as possible triggers for the demographic transition. Moreover, it examines the empirical validity of each of the theories and their significance for the understanding...
Persistent link: https://www.econbiz.de/10009530744
We propose a unified growth theory to investigate the mechanics generating the economic and demographic transition, and the role of mortality differences for comparative development. The framework can replicate the quantitative patterns in historical time series data and in contemporaneous...
Persistent link: https://www.econbiz.de/10009708703
We revisit the effect of long run income growth on population fertility in some of the poorest countries in the world. Causal inference is enabled through proxying income windfalls by oil price shocks in oil rich versus oil poor provinces. Using various fertility measures as outcomes, we find...
Persistent link: https://www.econbiz.de/10013187887
This research explores the biocultural origins of human capital formation. It presents the first evidence that moderate fecundity and thus predisposition towards investment in child quality was conducive for long-run reproductive success within the human species. Using an extensive genealogical...
Persistent link: https://www.econbiz.de/10010403448