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The demographic transition in the Sahel region has been slower than that in the rest of the world. Although child mortality rates have declined in recent decades, they are still higher in West Africa than in other regions. Furthermore, the fertility decline has progressed very slowly, with some...
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Population growth is one of the fundamental factors that directly determine the supply of human resources which are indisputably critical for production. Population growth plays a pivotal role in country's economic development trajectory. Most economically developed countries have significantly...
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Assessing the consequences of population on the pace and process of economic growth is one of the oldest themes in the literature on economics. These assessments have varied enormously over time, spanning the highly pessimistic to the outright optimistic. A systematic review of the major studies...
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This paper presents a Schumpeterian endogenous growth model in which a steady state exists with a constant growth rate even though population and the inputs to R & D are growing. The scale effect of rising population is nullified by product proliferation that fragments the growing demand for...
Persistent link: https://www.econbiz.de/10014190064
This paper studies the relationship between population dynamics and economic growth. Prior to the Industrial Revolution increases in total output were roughly matched by increases in population. In contrast, during the last 150 years, increments in per capita income have coexisted with slow...
Persistent link: https://www.econbiz.de/10014122337
We construct a unified overlapping-generations (OLG) framework of equilibrium growth that includes the Blanchard “perpetual youth” model, the Samuelson model, and the infinitely-lived representative agent growth model as limit specifications of a “realistic,” two-parameter survivorship...
Persistent link: https://www.econbiz.de/10013121836