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A Note on Long-Memory in Population and Economic Growth

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Author Info
Mishra Tapas (University of Wales, Swansea, UK)
Prskawetz Alexia (Vienna University of Technology, 1040 Vienna, Austria)
Parhi Mamata (University of Wales, Swansea, UK)
Diebolt Claude (University of Strasbourg, France)

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Abstract

We show that long memory in economic growth occurs due to the existence of stochastic memory in population growth. Conventional stationary assumption of population growth in economic growth models is relaxed and convergence properties of slowly decaying demographic shocks are examined in light of population and economic policies.

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File URL: http://www.cliometrie.org/pdf/wp/AFC_WP_06-2009.pdf
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Publisher Info
Paper provided by Association Française de Cliométrie (AFC) in its series Working Papers with number 09-06.

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Length: 10 pages
Date of creation: 2009
Date of revision:
Handle: RePEc:afc:wpaper:09-06

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Related research
Keywords: Economy-demography interaction model; Long-memory; Eeconomic growth; Stochastic demography.;

Find related papers by JEL classification:
C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General - - - Semiparametric and Nonparametric Methods
C31 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends and Forecasts
O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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This page was last updated on 2009-11-27.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.