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The Demographic Transition and the Emergence of Sustained Economic Growth Author info | Abstract | Publisher info | Download info | Related research | Statistics Oded Galor (Brown University & Hebrew University)
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The demographic transition that swept the world in the course of the last century has been identified as one of the prime forces in the transition from stagnation to growth. The unprecedented increase in population growth during the early stages of industrialization was ultimately reversed and the demographic transition brought about a significant reduction in fertility rates and population growth in various regions of the world, enabling economies to convert a larger share of the fruits of factor accumulation and technological progress into growth of income per capita. This paper examines various mechanisms that have been proposed as possible triggers for the demographic transition, assessing their empirical validity, and their potential role in the transition from stagnation to growth.
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Paper provided by EconWPA in its series GE, Growth, Math methods with number
0409005.
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Length: 15 pages
Date of creation: 22 Sep 2004Date of revision:
Handle: RePEc:wpa:wuwpge:0409005Note: Type of Document - pdf; pages: 15Contact details of provider: Web page: http://129.3.20.41
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Keywords: Growth ; Technological Progress ; Demographic Transition ; Human Capital ; Evolution ; Malthusian Stagnation. ; Other versions of this item:
Find related papers by JEL classification: O11 - Economic Development, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development O14 - Economic Development, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology O33 - Economic Development, Technological Change, and Growth - - Technological Change - - - Technological Change: Choices and Consequences; Diffusion Processes O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends and Forecasts J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
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