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This paper presents a non-Malthusian theory of long-term development We model the interplay between the process of human capital formation, technological progress, and the biological constraint of finite lifetime expectancy. All these processes are interdependent and determined endogenously. The...
Persistent link: https://www.econbiz.de/10011413569
Persistent link: https://www.econbiz.de/10013268855
This paper develops a unified growth model that captures the historical evolution of population, technology, and output. It encompasses the endogenous transition between three regimes that have characterized economic development. The economy evolves from a Malthusian regime, where technological...
Persistent link: https://www.econbiz.de/10014138029
This paper presents a microfounded theory of long-term development. We model the interplay between economic variables, namely the process of human capital formation and technological progress, and the biological constraint of finite lifetime expectancy. All these processes affect each other and...
Persistent link: https://www.econbiz.de/10013320408
This paper answers the following two questions: 1) In the data, can we find a dilution effect of population growth also on per-capita human capital investment? If yes, 2) how can we use this fact to explain theoretically the existence of a differential impact of population change on economic...
Persistent link: https://www.econbiz.de/10011789620
We set up a unified growth model with gender-specific differences in tastes for consumption, fertility, education of daughters and sons, and consider the intra-household bargaining power of spouses. In line with the empirical regularity for less developed countries, we assume that mothers desire...
Persistent link: https://www.econbiz.de/10010408491
relationship between child mortality and net reproduction observed in industrialized countries over the course of their demographic … transitions. The model captures the intricate interplay between technological progress, mortality, fertility and economic growth … demographic variables. -- Economic growth ; mortality ; fertility ; structural Change ; industrial revolution. …
Persistent link: https://www.econbiz.de/10003791320
In this article, we survey the theoretical literature investigating the role of gender inequality in economic development. The vast majority of theories reviewed suggest that gender inequality is a barrier to development, particularly over the long run. Among the many plausible mechanisms...
Persistent link: https://www.econbiz.de/10011888636
We analyze the effects of children's health on human capital accumulation and on long-run economic growth. For this purpose we design an R&D-based growth model in which the stock of human capital of the next generation is determined by parental education and health investments. We show that i)...
Persistent link: https://www.econbiz.de/10011609038
We set up a unified growth model with gender-specific differences in tastes for consumption, fertility, education of daughters and sons, and consider the intra-household bargaining power of spouses. In line with the empirical regularity for less developed countries, we assume that mothers desire...
Persistent link: https://www.econbiz.de/10013046786