Showing 1 - 10 of 1,712
This paper explores the implications of Unified Growth Theory for the origins of existing differences in income per … factors that have governed the pace of the transition from stagnation to growth and have thus contributed to contemporary … variation in economic development. It uncovers the forces that have sparked the emergence of multiple growth regimes and …
Persistent link: https://www.econbiz.de/10010284035
significant technological advancements along with a reduction in fertility rates and population growth, enabling economies to …The transition from stagnation to growth and the associated phenomenon of the great divergence have been the subject of … an intensive research in the growth literature in recent years. The discrepancy between the predictions of exogenous and …
Persistent link: https://www.econbiz.de/10014023783
We propose a unified growth model linking technology, education investment across genders, and fertility to explain … education, and (iii) the transition to sustained growth. The mechanism comprises three components. First, technological progress …, accelerating technological progress. This reinforcing loop results in the transition to a new fertility regime and accelerated …
Persistent link: https://www.econbiz.de/10012137079
We present a simple model in which the transition from Malthusian stagnation to modern growth can occur. Agents are … endowed with full control over their fertility but, differently from other studies, the degree of agents' altruism which … mainly affects fertility choices are allowed to change with the standard of living. We relate agents' altruism to the …
Persistent link: https://www.econbiz.de/10014182320
This paper provides empirical evidence supporting the interaction between fertility, education and economic growth … of fertility transition on education and economic growth. To deal with too little or incomplete data, time series data … fertility transition has produced a feedback effect on both education and economic growth …
Persistent link: https://www.econbiz.de/10014163528
fertility rates and population growth in various regions of the world, enabling economies to convert a larger share of the … prime forces in the transition from stagnation to growth. The unprecedented increase in population growth during the early … fruits of factor accumulation and technological progress into growth of income per capita. This paper examines various …
Persistent link: https://www.econbiz.de/10014069583
The demographic transition the move from a high fertility/high mortality regime into a low fertility/low mortality … and increasing speed of transitions. It also produces a strong correlation between the speeds of fertility transition and …
Persistent link: https://www.econbiz.de/10014076463
The demographic transition -the move from a high fertility/high mortality regime into a low fertility/low mortality … and increasing speed of transitions. It also produces a strong correlation between the speeds of fertility transition and …
Persistent link: https://www.econbiz.de/10013382030
High-income countries have generally experienced falling fertility in recent decades. In most of these countries, the … total fertility rate is now below the level that implies a stable population in the long run. This has led to concerns among … economists, policymakers, and the wider public about the economic consequences of low fertility and population decline. In this …
Persistent link: https://www.econbiz.de/10014377694
This paper develops a unified model of growth, population, and technological progress that is consistent with long …-term historical evidence. The economy endogenously evolves through three phases. In the Malthusian regime, population growth is … population, so that output per capita is stable around a constant level. In the post-Malthusian regime, the growth rates of …
Persistent link: https://www.econbiz.de/10014207517