This paper explains the lack of democratization in resource exporting countries using a two period resource extraction model. There are two classes of agents: elite who own capital and natural resources and citizens who own labor. The elite announce, in the rst period, their plans for resource...

The population debate in the country has been dynamic and contentious. On the one hand, proponents of population management say that the rapid population growth in the Philippines has hindered the country’s economic development. On the other hand, others are saying that population growth is...

Why does the rate of population growth decline in the face of economic growth? This study shows that growing product variety, along with more expensive children, induce a permanent reduction in the demand for children, and a continuous rise in income and consumption.

Abstract of the paper Aging of population is a major aspect of the process of demographic transition. It is generally expressed as older individuals forming large share of the total population. Such an increase is considered to be an end product of demographic transition or demographic...

This paper uses new estimates of the dates on which different countries have experienced their demographic transition to address two empirical questions. First, I study the importance of different socioeconomic variables on the timing of these transitions. Second, I distinguish between countries...

Life of the Elderly in India Abstract of the paper Aging of population is a major aspect of the process of demographic transition. It is generally expressed as older individuals forming large share of the total population. Such an increase is considered to be an end product of demographic...

I examine the effect of age-distribution of the society on economic growth through technological progress. I build a multisector economy model that involves population pyramid. I characterize the steady-state of the model for low and high population growth rate. Higher population growth rate...

In this paper, I build on Blackmore (2000) to propose a formal theory of demographic transition (fertility decline) and associated growth of the stock of knowledge. The novelty of this theory is to entirely exclude private consumption from the objective function of the decision makers, and to...