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Persistent link: https://www.econbiz.de/10000682812
In this paper, we assess the empirical relationship between population growth, mobility, and state-level capital spending in the United States. To evaluate the magnitude of the coefficients, we introduce an explicit, quantitative political-economy model of government spending determination,...
Persistent link: https://www.econbiz.de/10003923901
The demographic transition can affect the equilibrium real interest rate through three channels. An increase in longevity - or expectations thereof - puts downward pressure on the real interest rate, as agents build up their savings in anticipation of a longer retirement period. A reduction in...
Persistent link: https://www.econbiz.de/10011439850
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Persistent link: https://www.econbiz.de/10010404139
In this paper, we investigate the relationship between public capital spending and population dynamics at the state level. Empirically, we document two robust facts. First, states with faster population growth do not spend more (per capita) to accommodate the needs of their growing population....
Persistent link: https://www.econbiz.de/10013126213
A fundamental problem in social and political sciences is how to explain the root causes of terrorism. The vast literature has analyzed several determinants of terrorism. However, the precise role of demographic factors for the origin and evolution of terrorism in specific geoeconomic areas is...
Persistent link: https://www.econbiz.de/10012958842
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The goal of this study is to explain causes of terrorism. This study suggests that terrorism can be due to, in specific regions, high growth rates of population that generate income inequality, subsistence stress (population pressure) associated with relative deprivation of people. In addition,...
Persistent link: https://www.econbiz.de/10012919797
The nexus of population dynamics and environmental degradation has been discussed widely in the extant literature. Most related studies have utilized carbon emission as a proxy of environmental quality. However, carbon emission does not capture the multidimensional nature of environmental...
Persistent link: https://www.econbiz.de/10012590029