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A model on the escape from the Malthusian trap

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Author Info

  • Alexia Prskawetz

    (Institute for Econometrics, Operations Research and Systems Theory, Vienna University of Technology, Argentinierstrasse 8, A-1040 Vienna, Austria)

  • Gunter Steinmann

    (Department of Economics, Martin-Luther University Halle-Wittenberg, Grosse Steinstrasse 73, D-06108 Halle/Saale, Germany)

  • Gustav Feichtinger

    (Institute for Econometrics, Operations Research and Systems Theory, Vienna University of Technology, Argentinierstrasse 8, A-1040 Vienna, Austria)

Abstract

We consider a demoeconomic model where output is produced using physical capital, human capital and technology as inputs. Human capital depends on the number of people and the level of education in the economy. The dynamics of labour, physical capital, education and technology are endogenously determined such as to reflect the interdependence between economic and demographic factors. The longrun path of the economy and in particular the possibility to escape the Malthusian trap crucially depend on technological progress, which provides for economy wide increasing returns to scale. The build up of technology is positively related to the stock of human capital. Our model predicts that positive population growth is sufficient to escape the Malthusian trap.

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Bibliographic Info

Article provided by Springer in its journal Journal of Population Economics.

Volume (Year): 11 (1998)
Issue (Month): 4 ()
Pages: 535-550

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Handle: RePEc:spr:jopoec:v:11:y:1998:i:4:p:535-550

Note: Received: 22 August 1996 / Accepted: 11 December 1997
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Related research

Keywords: Population growth · Malthusian trap · longrun economic growth · human capital;

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Cited by:
  1. Grimm, Michael, 2000. "Comportement familial, inégalités et croissance : Une revue de la littérature," Economics Papers from University Paris Dauphine 123456789/4927, Paris Dauphine University.
  2. Jacques Poot, 2007. "Demographic Change and Regional Competitiveness: The Effects of Immigration and Ageing," Population Studies Centre Discussion Papers dp-64, University of Waikato, Population Studies Centre.

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