There seems to be a growing consensus among economists and policy makers that investment in knowledge, which is at the center of the endogenous growth process, is a precondition for achieving permanently high economic growth. This paper examines relationship between economic growth and the...

This paper develops and estimates an empirical model of the interplay between fertility and economic development. Using panel data, this study finds that a one-percent decrease in population growth increases GDP per capita growth by more than three percent. In addition, because families with low...