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Sectorial sift, inverted U-shaped fertility dynamics, and growth

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Author Info

  • Kazuhiro Yamamoto

    ()
    (Graduate School of Economics, Osaka University)

  • Ken Tabata

    ()
    (Kobe City University of Foreign Studies)

Abstract

This paper constructs a small open two-sector overlapping-generations model with the subsistence level of consumption of agricultural goods and explains the following key stylized facts in the process of economic development: increases followed by declines in fertility rate, increases in human capital investment for children, and a sectorial shift in labor from agriculture to manufacture.

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File URL: http://www.accessecon.com/pubs/EB/2006/Volume10/EB-06J10003A.pdf
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Bibliographic Info

Article provided by AccessEcon in its journal Economics Bulletin.

Volume (Year): 10 (2006)
Issue (Month): 5 ()
Pages: 1-7

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Handle: RePEc:ebl:ecbull:eb-06j10003

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Related research

Keywords: Demographic transition Sectorial sift Economic development;

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References

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  1. Fürnkranz-Prskawetz, Alexia & Kögel, Tomas, 2000. "Agricultural Productivity Growth and Escape from the Malthusian Trap," CEPR Discussion Papers 2485, C.E.P.R. Discussion Papers.
  2. Tabata, Ken, 2003. "Inverted U-shaped fertility dynamics, the poverty trap and growth," Economics Letters, Elsevier, vol. 81(2), pages 241-248, November.
  3. Tamura, Robert, 2002. "Human capital and the switch from agriculture to industry," Journal of Economic Dynamics and Control, Elsevier, vol. 27(2), pages 207-242, December.
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Cited by:
  1. Johannes Holler, 2008. "On the Role of Pension Systems in Economic Development and Demographic Transition," Vienna Economics Papers 0812, University of Vienna, Department of Economics.

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