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A model on the escape from the Malthusian trap

Author

Listed:
  • Alexia Prskawetz

    (Institute for Econometrics, Operations Research and Systems Theory, Vienna University of Technology, Argentinierstrasse 8, A-1040 Vienna, Austria)

  • Gunter Steinmann

    (Department of Economics, Martin-Luther University Halle-Wittenberg, Grosse Steinstrasse 73, D-06108 Halle/Saale, Germany)

  • Gustav Feichtinger

    (Institute for Econometrics, Operations Research and Systems Theory, Vienna University of Technology, Argentinierstrasse 8, A-1040 Vienna, Austria)

Abstract

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.

Suggested Citation

  • Alexia Prskawetz & Gunter Steinmann & Gustav Feichtinger, 1998. "A model on the escape from the Malthusian trap," Journal of Population Economics, Springer;European Society for Population Economics, vol. 11(4), pages 535-550.
  • Handle: RePEc:spr:jopoec:v:11:y:1998:i:4:p:535-550
    Note: Received: 22 August 1996 / Accepted: 11 December 1997
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    References listed on IDEAS

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    1. anonymous, 1995. "Does the bouncing ball lead to economic growth?," Regional Update, Federal Reserve Bank of Atlanta, issue Jul, pages 1-2,4-6.
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    3. Gary S. Becker & Kevin M. Murphy & Robert Tamura, 1994. "Human Capital, Fertility, and Economic Growth," NBER Chapters,in: Human Capital: A Theoretical and Empirical Analysis with Special Reference to Education (3rd Edition), pages 323-350 National Bureau of Economic Research, Inc.
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    5. 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 38-70, October.
    6. Homburg, Stefan, 1995. "Humankapital und endogenes Wachstum," EconStor Open Access Articles, ZBW - German National Library of Economics, pages 339-366.
    7. John Komlos & Marc Artzrouni, "undated". "Mathematical Investigations of the Escape from the Malthusian Trap," Articles by John Komlos 24, Department of Economics, University of Munich.
    8. Xavier Sala-I-Martin, 1997. "Transfers, Social Safety Nets, and Economic Growth," IMF Staff Papers, Palgrave Macmillan, vol. 44(1), pages 81-102, March.
    9. 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 421-435, November.
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    Citations

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    Cited by:

    1. Jacques Poot, 2007. "Demographic Change and Regional Competitiveness: The Effects of Immigration and Ageing," Population Studies Centre Discussion Papers dp-64, University of Waikato, Population Studies Centre.
    2. Michael Grimm, 2000. "Comportement familial, inégalités et croissance : Une revue de la littérature," Working Papers DT/2000/09, DIAL (Développement, Institutions et Mondialisation).

    More about this item

    Keywords

    Population growth · Malthusian trap · longrun economic growth · human capital;

    JEL classification:

    • O41 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models

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