Showing 1 - 10 of 12,243
mass and fertility. The theory admits a two-dimensional Malthusian equilibrium characterized by population density and body …
Persistent link: https://www.econbiz.de/10010296042
fertility. The theory admits a unique Malthusian equilibrium in a two-dimensional state space characterized by population …
Persistent link: https://www.econbiz.de/10010265679
This paper provides a uni?ed growth theory, i.e. a model that explains the very long-run economic and demographic …
Persistent link: https://www.econbiz.de/10010265680
This study constructs a simple, two-sector Malthusian model with agriculture and industry, and use it to identify the determinants of subsistence income. We make standard assumptions about preferences and production technology, but by contrast to existing studies we assume that children and...
Persistent link: https://www.econbiz.de/10010270038
This research develops an evolutionary growth theory that captures the interplay between the evolution of mankind and … economic growth since the emergence of the human species. This uni…ed theory encompasses the observed evolution of population … theory suggests that prolonged economic stagnation prior to the transition to sustained growth stimulated natural selection …
Persistent link: https://www.econbiz.de/10010318963
Population growth is often viewed as a most oppressive global problem with respect to environmental deterioration. In this paper, we investigate the optimal development of a coupled system comprising population, economy, and the natural environment as subsystems. In our formal dynamic model...
Persistent link: https://www.econbiz.de/10011422109
Population growth is often viewed as a most oppressive global problem with respect to environmental deterioration, but the relationships between population development, economic dynamics and environmental pollution are complex due to various feedback mechanisms. We analyze society’s economic...
Persistent link: https://www.econbiz.de/10011422130
In this paper, we investigate the external effects of the parent's decisions on the number of newly born children and the firm's decisions on the amount of polluting emissions that occur in industrial production. We employ an optimal control model which comprises three stock variables...
Persistent link: https://www.econbiz.de/10011422138
This paper introduces a democratic voting process into an OLG economy in order to analyze the e ffects of a rising old-age dependency ratio on the composition of government spending and endogenous economic growth. Forward-looking agents vote each period on the public policy mix between...
Persistent link: https://www.econbiz.de/10011422223
We analyze the short and long run effects of demographic ageing - increased longevity and reduced fertility - on per-capita growth. The OLG model captures direct effects, working through adjustments in the savings rate, labor supply, and capital deepening, and indirect effects, working through...
Persistent link: https://www.econbiz.de/10011430084