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

Author

Listed:
  • 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.

Suggested Citation

  • Kazuhiro Yamamoto & Ken Tabata, 2006. "Sectorial sift, inverted U-shaped fertility dynamics, and growth," Economics Bulletin, AccessEcon, vol. 10(5), pages 1-7.
    • Handle: RePEc:ebl:ecbull:eb-06j10003
    as

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    File URL: http://www.accessecon.com/pubs/EB/2006/Volume10/EB-06J10003A.pdf
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    References listed on IDEAS

    as
    1. 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.
    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. 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.
    Full references (including those not matched with items on IDEAS)

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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 vie0812, University of Vienna, Department of Economics.
    2. 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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    More about this item

    Keywords

    Demographic transition Sectorial sift Economic development;

    JEL classification:

    • J1 - Labor and Demographic Economics - - Demographic Economics
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development

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