-founded education and fertility decision of households into a model of international trade with firm heterogeneity. Our theoretical … framework leads to two testable implications: i) the export share of a country increases with the education level of its … population, ii) the average profitability of firms located in a country also increases with the education level of its population …

firms. In so doing we integrate a micro-founded education and fertility decision of households into a model of international … in the education level of its population, ii) the export share of a country decreases in the birth rate of its population …, iii) the average profitability of firms increases in the education level of a country, iv) the average profitability of …

-founded education and fertility decision of households into a model of international trade with firm heterogeneity. Our theoretical … framework leads to two testable implications: i) the export share of a country increases with the education level of its … population, ii) the average profitability of firms located in a country also increases with the education level of its population …

firms. In so doing we integrate a micro-founded education and fertility decision of households into a model of international … in the education level of its population, ii) the export share of a country decreases in the birth rate of its population …, iii) the average profitability of firms increases in the education level of a country, iv) the average profitability of …

-founded education and fertility decision of households into a model of international trade with firm heterogeneity. Our theoretical … framework leads to two testable implications: i) the export share of a country increases with the education level of its … population, ii) the average profitability of firms located in a country also increases with the education level of its population …

firms. In so doing we integrate a micro-founded education and fertility decision of households into a model of international … in the education level of its population, ii) the export share of a country decreases in the birth rate of its population …, iii) the average profitability of firms increases in the education level of a country, iv) the average profitability of …

traditional equilibrium, contraceptives are not used, fertility is high and education and growth are low. At the modern … equilibrium, contraceptives are used, fertility is low and further declining with increasing income, and education and growth are … household on the onset of the demographic transition and the take-off to growth. Depending on the price and efficacy of modern …

economic development during pre-industrial times, yet allow for an early onset of sustained growth. As a result, the theory …

economic development during pre-industrial times, yet allow for an early onset of sustained growth. As a result, the theory …

distributed profits.Balanced growth paths, transitional dynamics and welfare costs are computed. We show that the 2000 Estonian …