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Author : Jakub Growiec
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (255 download)
Download or read book Fertility Choice and Semi-endogenous Growth written by Jakub Growiec and published by . This book was released on 2006 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Jakub Growiec
Publisher : Presses univ. de Louvain
ISBN 13 : 9782874630859
Total Pages : 192 pages
Book Rating : 4.6/5 (38 download)
Download or read book Essays on Technological Progress and Economic Growth written by Jakub Growiec and published by Presses univ. de Louvain. This book was released on 2007 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis covers a broad range of topics in the general area of economic growth theory and economics of technological change. It is primarily about the ultimate sources of growth and its ultimate limitations. We scrutinize the implications of several specifications of long-run growth “engines” found in the theoretical literature and put forward their generalizations and extensions. At the highest level of generality, we provide a formal proof that balanced (i.e. exponential) growth requires knife-edge assumptions which cannot be satisfied by typical values of model parameters. This result implies that at least one such knife-edge assumption must be made if a given model is supposed to deliver balanced growth over the long run. Next, we deal with the issue of resource-based limits to long-run growth. We propose to promote technological progress which would improve the substitutability between non-renewable and renewable resources: if the elasticity of substitution between the two kinds of resources exceeds unity, production will not fall down to zero even after the non-renewable resources will have been completely depleted. Another question asked is whether it is plausible that R&D-based growth, fueled by steady increases in the world’s population, can be extended into indefinite time. We answer this question by introducing endogenous fertility choice, with population entering the utility functional multiplicatively, into an R&D-based semi-endogenous growth model. The next issue addressed here are the idea-based microfoundations of aggregate production functions. We discuss the correspondence between the shape of production functions, the direction of technical change, and the possibility of sustained endogenous growth. A broad class of production functions, nesting both the Cobb-Douglas and the CES function, is derived. Finally, we discuss the impact of the heterogeneity of innovations on long-run economic dynamics: we augment the semi-endogenous growth model with a distinction between radical and incremental innovations. Total R&D output is assumed to depend on technological opportunity which is depleted by incremental innovations but renewed by radical innovations. The dynamic interplay of the arrivals of the two types of innovations is shown to give rise to transitional oscillations.
Author : Ping Wang
Publisher :
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.:/5 (236 download)
Download or read book Fertility Choice and Economic Growth written by Ping Wang and published by . This book was released on 1991 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Robert J. Barro
Publisher :
ISBN 13 :
Total Pages : 39 pages
Book Rating : 4.:/5 (438 download)
Download or read book Fertility Choice in a Model of Economic Growth written by Robert J. Barro and published by . This book was released on 1988 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Chi-Chu Chou
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book Fertility, the Quality of Children and Economic Growth written by Chi-Chu Chou and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper develops a theory of the fertility choice that focus on the shadow price of the quality of children and fertility rate within a framework of long (term economic growth. The analysis also links the shadow price of quality with) the interaction between fertility and economic growth. Through the choice of per child quality within family, the analysis contributes to narrowing the many remaining gaps between endogenous family decisions on fertility and aggregate economic growth.
Author : Paul J. Zak
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book Endogenous Growth, Fertility and the Migration of Productive Factors written by Paul J. Zak and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent findings in the biomedical literature have shown that roughly three-quarters of one's cognitive abilities are an endowment from one's parents. This paper develops an open economy theory of endogenous growth in which agents make fertility and migration choices which affect the rate of transmission of human capital from parents to children. The model produces both a poverty trap as well as convergence to a common balanced growth path. We characterize the factors that determine the rate of convergence to the balanced growth path by identifying the point at which the transitional dynamics end and balanced growth begins. The model shows that the migration of productive factors has quite different implications for developing and developed countries. Developing countries may undergo a temporary or permanent output contraction and a widening of the income distribution due to labor migration. Developed countries receiving migrants will have a temporary drop in wages for native agents, but will generally grow more rapidly due to migration. The model also shows that government efficiency affects both the rate of convergence to the balanced growth path and the rate of migration of productive factors.
Author : Keith Blackburn
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book Endogenous Fertility, Mortality and Growth written by Keith Blackburn and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic and demographic outcomes are determined jointly in a choice-theoretic model of fertility, mortality and capital accumulation. There is an endogenous population of reproductive agents who belong to dynastic families of overlapping generations connected through altruism. In addition to choosing savings and births, parents may reduce (infant) deaths by incurring expenditures on health-care which is also provided by the government. A generalised production technology accounts for long-run endogenous growth with short-run transitional dynamics. The analysis yields testable time series and cross-section implications which accord with the empirical evidence on the relationship between demography and development.
Author : National Research Council
Publisher : National Academies Press
ISBN 13 : 0309076102
Total Pages : 286 pages
Book Rating : 4.3/5 (9 download)
Download or read book Diffusion Processes and Fertility Transition written by National Research Council and published by National Academies Press. This book was released on 2001-12-15 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is part of an effort to review what is known about the determinants of fertility transition in developing countries and to identify lessons that might lead to policies aimed at lowering fertility. It addresses the roles of diffusion processes, ideational change, social networks, and mass communications in changing behavior and values, especially as related to childbearing. A new body of empirical research is currently emerging from studies of social networks in Asia (Thailand, Taiwan, Korea), Latin America (Costa Rica), and Sub-Saharan Africa (Kenya, Malawi, Ghana). Given the potential significance of social interactions to the design of effective family planning programs in high-fertility settings, efforts to synthesize this emerging body of literature are clearly important.
Author : Philippe Aghion
Publisher : Newnes
ISBN 13 : 0444535470
Total Pages : 1172 pages
Book Rating : 4.4/5 (445 download)
Download or read book Handbook of Economic Growth written by Philippe Aghion and published by Newnes. This book was released on 2013-12-20 with total page 1172 pages. Available in PDF, EPUB and Kindle. Book excerpt: Volumes 2A and 2B of The Handbook of Economic Growth summarize recent advances in theoretical and empirical work while offering new perspectives on a range of growth mechanisms, from the roles played by institutions and organizations to the ways factors beyond capital accumulation and technological change can affect growth. Written by research leaders, the chapters summarize and evaluate recent advances while explaining where further research might be profitable. With analyses that are provocative and controversial because they are so directly relevant to public policy and private decision-making, these two volumes uphold the standard for excellence in applied economics set by Volumes 1A and 1B (2005). - Offers definitive theoretical and empirical scholarship about growth economics - Empowers readers to evaluate the work of other economists and to plan their own research projects - Demonstrates the value of empirical testing, with its implicit conclusion that our understanding of economic growth will help everyone make better decisions
Author : David de la Croix
Publisher : Cambridge University Press
ISBN 13 : 9781107029590
Total Pages : 266 pages
Book Rating : 4.0/5 (295 download)
Download or read book Fertility, Education, Growth, and Sustainability written by David de la Croix and published by Cambridge University Press. This book was released on 2012-11-29 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fertility choices depend not only on the surrounding culture but also on economic incentives, which have important consequences for inequality, education and sustainability. This book outlines parallels between demographic development and economic outcomes, explaining how fertility, growth and inequality are related. It provides a set of general equilibrium models where households choose their number of children, analysed in four domains. First, inequality is particularly damaging for growth as human capital is kept low by the mass of grown-up children stemming from poor families. Second, the cost of education can be an important determining factor on fertility. Third, fertility is sometimes viewed as a strategic variable in the power struggle between different cultural, ethnic and religious groups. Finally, fertility might be affected by policies targeted at other objectives. Incorporating new findings with the discussion of education policy and sustainability this book is a significant addition to the literature on growth.
Author : John B. Shoven
Publisher : University of Chicago Press
ISBN 13 : 0226754758
Total Pages : 444 pages
Book Rating : 4.2/5 (267 download)
Download or read book Demography and the Economy written by John B. Shoven and published by University of Chicago Press. This book was released on 2011-01-15 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: Demographics is a vital field of study for understanding social and economic change and it has attracted attention in recent years as concerns have grown over the aging populations of developed nations. Demographic studies help make sense of key aspects of the economy, offering insight into trends in fertility, mortality, immigration, and labor force participation, as well as age, gender, and race specific trends in health and disability. Demography and the Economy explores the connections between demography and economics, paying special attention to what demographic trends can reveal about the sustainability of traditional social security programs and the larger implications for economic growth. The volume brings together some of the leading scholars working at the border between the two disciplines, and it provides an eclectic overview of both fields. Contributors also offer deeper analysis of a variety of issues such as the impact of greater wealth on choices about marriage and childbearing and the effects of aging populations on housing prices, Social Security, and Medicare.
Author : Robert J. Barro
Publisher : MIT Press
ISBN 13 : 9780262025539
Total Pages : 676 pages
Book Rating : 4.0/5 (255 download)
Download or read book Economic Growth, second edition written by Robert J. Barro and published by MIT Press. This book was released on 2003-10-10 with total page 676 pages. Available in PDF, EPUB and Kindle. Book excerpt: The long-awaited second edition of an important textbook on economic growth—a major revision incorporating the most recent work on the subject. This graduate level text on economic growth surveys neoclassical and more recent growth theories, stressing their empirical implications and the relation of theory to data and evidence. The authors have undertaken a major revision for the long-awaited second edition of this widely used text, the first modern textbook devoted to growth theory. The book has been expanded in many areas and incorporates the latest research. After an introductory discussion of economic growth, the book examines neoclassical growth theories, from Solow-Swan in the 1950s and Cass-Koopmans in the 1960s to more recent refinements; this is followed by a discussion of extensions to the model, with expanded treatment in this edition of heterogenity of households. The book then turns to endogenous growth theory, discussing, among other topics, models of endogenous technological progress (with an expanded discussion in this edition of the role of outside competition in the growth process), technological diffusion, and an endogenous determination of labor supply and population. The authors then explain the essentials of growth accounting and apply this framework to endogenous growth models. The final chapters cover empirical analysis of regions and empirical evidence on economic growth for a broad panel of countries from 1960 to 2000. The updated treatment of cross-country growth regressions for this edition uses the new Summers-Heston data set on world income distribution compiled through 2000.
Author : Darrell Bricker
Publisher : Signal
ISBN 13 : 0771050895
Total Pages : 246 pages
Book Rating : 4.7/5 (71 download)
Download or read book Empty Planet written by Darrell Bricker and published by Signal. This book was released on 2019-02-05 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the authors of the bestselling The Big Shift, a provocative argument that the global population will soon begin to decline, dramatically reshaping the social, political, and economic landscape. For half a century, statisticians, pundits, and politicians have warned that a burgeoning planetary population will soon overwhelm the earth's resources. But a growing number of experts are sounding a different kind of alarm. Rather than growing exponentially, they argue, the global population is headed for a steep decline. Throughout history, depopulation was the product of catastrophe: ice ages, plagues, the collapse of civilizations. This time, however, we're thinning ourselves deliberately, by choosing to have fewer babies than we need to replace ourselves. In much of the developed and developing world, that decline is already underway, as urbanization, women's empowerment, and waning religiosity lead to smaller and smaller families. In Empty Planet, Ibbitson and Bricker travel from South Florida to Sao Paulo, Seoul to Nairobi, Brussels to Delhi to Beijing, drawing on a wealth of research and firsthand reporting to illustrate the dramatic consequences of this population decline--and to show us why the rest of the developing world will soon join in. They find that a smaller global population will bring with it a number of benefits: fewer workers will command higher wages; good jobs will prompt innovation; the environment will improve; the risk of famine will wane; and falling birthrates in the developing world will bring greater affluence and autonomy for women. But enormous disruption lies ahead, too. We can already see the effects in Europe and parts of Asia, as aging populations and worker shortages weaken the economy and impose crippling demands on healthcare and social security. The United States is well-positioned to successfully navigate these coming demographic shifts--that is, unless growing isolationism and anti-immigrant backlash lead us to close ourselves off just as openness becomes more critical to our survival than ever before. Rigorously researched and deeply compelling, Empty Planet offers a vision of a future that we can no longer prevent--but one that we can shape, if we choose.
Author : Lars Weber
Publisher : Springer Science & Business Media
ISBN 13 : 3790825905
Total Pages : 349 pages
Book Rating : 4.7/5 (98 download)
Download or read book Demographic Change and Economic Growth written by Lars Weber and published by Springer Science & Business Media. This book was released on 2010-08-02 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book the author investigates the impact of demographic change on economic growth. As a result of the current financial crisis, a new view on economics has been demanded by various scientists. The author provides such a new view on economic growth, using a methodology of system dynamics. By applying this method, the author focuses on characteristics of complex systems and analyzes aging and shrinking processes, and not only positive growth. Delays and feedback processes are also considered. This leads to deeper and revealing insights into economic behavior. In doing so, a new semi-endogenous growth model is developed by introducing a specific and detailed population sector (demographic growth model). The book shows and analyzes the behavior of such a model and tests several policy scenarios in a transfer chapter to apply the new theoretical approach on real world problems. The major results are summarized in 15 principles of demographic growth.
Author : D C Hagued
Publisher : Springer
ISBN 13 : 1349084522
Total Pages : 419 pages
Book Rating : 4.3/5 (49 download)
Download or read book The Theory of Capital written by D C Hagued and published by Springer. This book was released on 1961-01-01 with total page 419 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Gary I. Lilienthal
Publisher :
ISBN 13 : 9781536197143
Total Pages : 0 pages
Book Rating : 4.1/5 (971 download)
Download or read book Human Capital and Development written by Gary I. Lilienthal and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book asks the following incisive questions. Does the body of scholarship on the term "human capital" constitute a species of the meaning of the term "slavery," and if so, in what way? How has the so-called capabilities approach to human development affected the scholarship of human development, in the context of curbing the catastrophic excesses of market behaviour? How is it that some humans can be domesticated to create human capital for other groups of humans? To what extent can the international legal instruments effectively fight and combat child labour? How have dynastic China and India developed very long-term systems for the creation and maintenance of national human capital among its peoples? Have the state responses to pandemics been medicalized as a device for human capital maintenance, and if so, in what ways? What is the true meaning of the term "fit and proper" as it is imported into development and dissolution of human capital at the professional or "mandarin" levels of societies? Taking these questions together, the book Human Capital and Development asks this question: have national forms of slavery developed from what is now described as the capabilities approach to human development, with human domestication and child labour forming national systems of human capital formation, maintained by medicalization and controlled by judgments by authorities of fitness and propriety? Chapter One contains a complete scholarly survey of the field of human capital, covering legal, sociological, regulatory, and economic facets of the field. Chapter Two is a detailed critical literature review of the field of human development, linking this still nascent field to that of human capital. Chapter Three follows from Chapter One, elaborating on the new and virtually unspoken field of human domestication, as it serves to create human capital. Chapter Four discusses the international law field of child labour and elaborates on the dual effects on human capital and human development of child labour in its current form. Chapter Five is a comparative analysis of how the two ancient societies of China and India had deployed systems lasting beyond archaeological spans of time to maintain their national human capital, by regulating their supplies of water to their vast populations. Chapter Six in many ways follows on from chapter Three on human domestication, as it discusses critically how the epideictic rhetoric of pandemic contagion and control might marshal human capital in the various strata of society. Chapter Seven is a critical analysis of how human capital is formed by imperial legislation in the upper levels of society''s "mandarins," its professional classes, by implementing around the world a common "fit and proper," or integrity, test. The overall research outcomes suggest that human capital is human differentiation, by the masters onto the servants. Human development is a dynamic conjunction of those capabilities of apparently freely maintaining social networks. Those who had abolished the progymnasmata education system had now reinstated some lower levels of its simpler exercises, ensuring continuing human domestication and maintaining a human capital in explicit knowledge. Thus, child labour remains a national-level program for formation of national employee human capital. In dynastic China, emperors had wholly owned the people''s human capital, and both stabilized and assessed it through local customary registries. In India, sacred rivers were themselves entities containing the culture''s externalized symbology. The International Sanitary Conferences confirmed already-developing European national rules into an international order of human capital medicalization, disguised as human development. The public parties to a "fit and proper" assessment are said to be the court and an ellipsis of members of the public, without the public ever actually participating in the assessment. Thus, human capital in a profession is created in a national professional class purely by the authority of differentiation.
Author : Oded Galor
Publisher : Princeton University Press
ISBN 13 : 140083886X
Total Pages : 344 pages
Book Rating : 4.4/5 (8 download)
Download or read book Unified Growth Theory written by Oded Galor and published by Princeton University Press. This book was released on 2011-04-11 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: For most of the vast span of human history, economic growth was all but nonexistent. Then, about two centuries ago, some nations began to emerge from this epoch of economic stagnation, experiencing sustained economic growth that led to significant increases in standards of living and profoundly altered the level and distribution of wealth, population, education, and health across the globe. The question ever since has been--why? This is the first book to put forward a unified theory of economic growth that accounts for the entire growth process, from the dawn of civilization to today. Oded Galor, who founded the field of unified growth theory, identifies the historical and prehistorical forces behind the differential transition timing from stagnation to growth and the emergence of income disparity around the world. Galor shows how the interaction between technological progress and population ultimately raised the importance of education in coping with the rapidly changing technological environment, brought about significant reduction in fertility rates, and enabled some economies to devote greater resources toward a steady increase in per capita income, paving the way for sustained economic growth. Presents a unified theory of economic growth from the dawn of civilization to today Explains the worldwide disparities in living standards and population we see today Provides a comprehensive overview of the three phases of the development process Analyzes the Malthusian theory and its empirical support Examines theories of demographic transition and their empirical significance Explores the interaction between economic development and human evolution
