Sectorial sift, inverted U-shaped fertility dynamics, and growth
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.
Volume (Year): 10 (2006)
Issue (Month): 5 ()
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- Kogel, Tomas & Prskawetz, Alexia, 2001.
"Agricultural Productivity Growth and Escape from the Malthusian Trap,"
Journal of Economic Growth,
Springer, vol. 6(4), pages 337-357, December.
- Tomas Kögel & Alexia Prskawetz, 2000. "Agricultural productivity growth and escape from the Malthusian trap," MPIDR Working Papers WP-2000-002, Max Planck Institute for Demographic Research, Rostock, Germany.
- 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.
- 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.
- Tabata, Ken, 2003. "Inverted U-shaped fertility dynamics, the poverty trap and growth," Economics Letters, Elsevier, vol. 81(2), pages 241-248, November. Full references (including those not matched with items on IDEAS)
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