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We analyze the effects of declining population growth on the adoption of automation technology. A standard theoretical framework of the accumulation of traditional physical capital and of automation capital predicts that countries with a lower population growth rate are the ones that innovate...
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There has been debate amongst researchers and policy makers regarding how strong the correlation between population growth and economic growth is. At a time when several countries are encouraging policies to promote population growth, other countries are pursuing population stabilisation. For...
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Since World War II, mortality has declined in the developing world. This paper examines the effects of this mortality decline on demographic and economic growth by a family-optimization model, in which fertility is endogenous and wealth yields utility through its status. The decline in mortality...
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