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Population growth is often viewed as a most oppressive global problem with respect to environmental deterioration, but the relationships between population development, economic dynamics and environmental pollution are complex due to various feedback mechanisms. We analyze society’s economic...
Persistent link: https://www.econbiz.de/10003379148
We study the general equilibrium properties of two growth models with overlapping generations, habit formation and endogenous fertility. In the neoclassical model, habits modify the economy's growth rate and generate transitional dynamics in fertility; station- ary income per capita is...
Persistent link: https://www.econbiz.de/10003761255
The aim of this research is to build on a theory for explaining economic development in a (neoclassical) growth model with endogenous fertility. The economy is comprised of overlapping generations of rational and identical individuals and identical competitive firms producing with a...
Persistent link: https://www.econbiz.de/10012130325
A central policy issue in the battle against HIV in Sub-Saharan Africa (SSA) is whether and when high-prevalence countries might become fully autonomous in designing and implementing their own intervention policies aimed to control the disease. The aim of this research is twofold. First, it...
Persistent link: https://www.econbiz.de/10012131225
Wealth creation driven by R&D investment and wealth dilution caused by disconnected generations interact with households' fertility decisions, delivering a theory of sustained endogenous output growth with a constant endogenous population level in the long run. Unlike traditional theories, our...
Persistent link: https://www.econbiz.de/10012116752
Fertility rates have declined dramatically across almost all highincome countries over the past decades. This has raised concerns about future economic prospects. Indeed, fully- and semi-endogenous growth models imply that a shrinking workforce would lead to declining income growth and perhaps...
Persistent link: https://www.econbiz.de/10015357221
This paper analyzes the conditions under which, within a two-sector endogenous growth model with human and physical capital accumulation but without R&D-driven disembodied technological progress, we can observe an ambiguous effect of population growth on economic growth, as empirical evidence...
Persistent link: https://www.econbiz.de/10014195856
This paper studies the different mechanisms and the dynamics through which demography is channeled to the economy. We analyze the role of demographic changes in the economic development process by studying the transitional and the long-run impact of both the rate of population growth and the...
Persistent link: https://www.econbiz.de/10013112451
This article investigates the consequences of population ageing for long-run economic growth perspectives. We introduce population ageing into a generalized model of endogenous technological change incorporating the model of Romer (1990) and Jones (1995) as special cases. We find that increases...
Persistent link: https://www.econbiz.de/10003890407
The purpose of this article is to identify the role of population size, population growth and population ageing in models of endogenous economic growth. While in exogenous growth models demographic variables are linked to economic prosperity mainly via the population size, the structure of the...
Persistent link: https://www.econbiz.de/10008809941