A model on the escape from the Malthusian trap
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.
Volume (Year): 11 (1998)
Issue (Month): 4 ()
|Note:||Received: 22 August 1996 / Accepted: 11 December 1997|
|Contact details of provider:|| Phone: +43-70-2468-8236|
Web page: http://link.springer.de/link/service/journals/00148/index.htm
More information through EDIRC
|Order Information:||Web: http://link.springer.de/orders.htm|
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Homburg, Stefan, 1995. "Humankapital und endogenes Wachstum," EconStor Open Access Articles, ZBW - German National Library of Economics, pages 339-366.
- Gary S. Becker & Kevin M. Murphy & Robert Tamura, 1994.
"Human Capital, Fertility, and Economic Growth,"
in: Human Capital: A Theoretical and Empirical Analysis with Special Reference to Education (3rd Edition), pages 323-350
National Bureau of Economic Research, Inc.
- Gary S. Becker & Kevin M. Murphy & Robert F. Tamura, 1990. "Human Capital, Fertility, and Economic Growth," NBER Working Papers 3414, National Bureau of Economic Research, Inc.
- Gary S. Becker & Kevin M. Murphy & Robert Tamura, . "Human Capital, Fertility, and Economic Growth," University of Chicago - Population Research Center 90-5a, Chicago - Population Research Center.
- Xavier Sala-i-Martin, 1995.
"Transfers, social safety nets and economic growth,"
Economics Working Papers
139, Department of Economics and Business, Universitat Pompeu Fabra.
- Xavier Sala-I-Martin, 1997. "Transfers, Social Safety Nets, and Economic Growth," IMF Staff Papers, Palgrave Macmillan, vol. 44(1), pages 81-102, March.
- Robert J. Barro, 2012.
"Inflation and Economic Growth,"
CEMA Working Papers
568, China Economics and Management Academy, Central University of Finance and Economics.
- Rosenzweig, Mark R, 1990. "Population Growth and Human Capital Investments: Theory and Evidence," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages S38-70, October.
- Komlos, John & Artzrouni, Marc, 1990.
"Mathematical Investigations of the Escape from the Malthusian Trap,"
Munich Reprints in Economics
3427, University of Munich, Department of Economics.
- John Komlos & Marc Artzrouni, . "Mathematical Investigations of the Escape from the Malthusian Trap," Articles by John Komlos 24, Department of Economics, University of Munich.
- Schneider, Johannes & Ziesemer, Thomas, 1994. "What's New and What's Old in New Growth Theory: Endogenous Technology, Microfoundation, and Growth Rate Predictions," MPRA Paper 56132, University Library of Munich, Germany.
- Kremer, Michael, 1993. "Population Growth and Technological Change: One Million B.C. to 1990," The Quarterly Journal of Economics, MIT Press, vol. 108(3), pages 681-716, August.
- Winegarden, C R & Wheeler, Mark, 1992. "The Role of Economic Growth in the Fertility Transition in Western Europe: Econometric Evidence," Economica, London School of Economics and Political Science, vol. 59(236), pages 421-35, November.
- Steinmann, Gunter & Komlos, John, 1988. "Population growth and economic development in the very long run: a simulation model of three revolutions," Mathematical Social Sciences, Elsevier, vol. 16(1), pages 49-63, August.
- anonymous, 1995. "Does the bouncing ball lead to economic growth?," Regional Update, Federal Reserve Bank of Atlanta, issue Jul, pages 1-2, 4-6.
When requesting a correction, please mention this item's handle: RePEc:spr:jopoec:v:11:y:1998:i:4:p:535-550. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Guenther Eichhorn)or (Christopher F Baum)
If references are entirely missing, you can add them using this form.