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Human Capital, Population Growth and Economic Development: Beyond Correlations

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  • Rosenzweig, Mark R.

Abstract

Empirical evidence on three assertions commonly-made by population policy advocates about the relationships among population growth, human capital formation and economic development is discussed and evaluated in the light of economic-biological models of household behavior and of its relevance to population policy. The three assertions are that (a) population growth and human capital investments jointly reflect and respond to changes in the economic environment, (b) larger families directly impede human capital formation, and (c) the inability of couples to control fertility is an important determinant of investment in human capital. The evidence suggests that widely-observed correlations among population growth, human capital and economic variables, which admit to alternative interpretations, are far stronger than are the estimates from studies whose objective is to quantify the causal mechanisms underlying the three assertions; however, there is empirical support for each.

Suggested Citation

  • Rosenzweig, Mark R., 1987. "Human Capital, Population Growth and Economic Development: Beyond Correlations," Bulletins 7520, University of Minnesota, Economic Development Center.
    • Handle: RePEc:ags:umedbu:7520
    DOI: 10.22004/ag.econ.7520
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    Cited by:

    1. Herzer, Dierk & Nagel, Korbinian, 2019. "The impact of adult and non-adult mortality on development: Two centuries evidence from a panel of industrial countries," Journal of Policy Modeling, Elsevier, vol. 41(2), pages 352-371.
    2. Weale, Martin, 1992. "Education, externalities, fertility, and economic growth," Policy Research Working Paper Series 1039, The World Bank.
    3. Cabus, Sofie J. & De Witte, Kristof, 2012. "Naming and shaming in a ‘fair’ way. On disentangling the influence of policy in observed outcomes," Journal of Policy Modeling, Elsevier, vol. 34(5), pages 767-787.
    4. Dody Budi Waluyo, 2018. "Globalisation and deglobalisation: the Indonesian perspective," BIS Papers chapters, in: Bank for International Settlements (ed.), Globalisation and deglobalisation, volume 100, pages 173-182, Bank for International Settlements.
    5. Murillo, Inés P. & Rahona-López, Marta & Salinas-Jiménez, Maria del Mar, 2012. "Effects of educational mismatch on private returns to education: An analysis of the Spanish case (1995–2006)," Journal of Policy Modeling, Elsevier, vol. 34(5), pages 646-659.
    6. Tugrul Temel, 2013. "Family Size, Human Capital And Growth: Structural Path Analysis Of Rwanda," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 38(4), pages 39-73, December.
    7. Kehinde Oluseyi Olagunju & Adebayo Isaiah Ogunniyi & Kunle Francis Oguntegbe & Ibrahim Oluwole Raji & Kolawole Ogundari, 2019. "Welfare Impact of Globalization in Developing Countries: Examining the Mediating Role of Human Capital," Economies, MDPI, vol. 7(3), pages 1-24, August.
    8. Unknown, 1990. "Health Constraints In Agricultural Development: Report On A Dialogue, June 18-19, 1990," Staff Papers 13638, University of Minnesota, Department of Applied Economics.
    9. Tugrul Temel, 2014. "Family Planning, Growth, Income Distribution: Graph-Theoretic Path Analysis Of Rwanda," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 39(1), pages 1-45, March.
    10. Stallmann, Judith I. & Johnson, Thomas G. & Mwachofi, Ari & Flora, Jan L., 1993. "Labor Market Incentives To Stay In School," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 25(2), pages 1-13, December.
    11. F. Landis MacKellar, 1994. "Population and Development: Assessment Before the 1994 Conference," Development Policy Review, Overseas Development Institute, vol. 12(2), pages 165-192, June.
    12. Hasan, Mohammad S., 2010. "The long-run relationship between population and per capita income growth in China," Journal of Policy Modeling, Elsevier, vol. 32(3), pages 355-372, May.
    13. Temel, Tugrul, 2011. "Family planning, growth and income distribution in Rwanda: SAM multiplier and graph-theoretic path analysis," MPRA Paper 31394, University Library of Munich, Germany.
    14. Kopp, Andreas, 1994. "Determinanten des Bevölkerungswachstums in Entwicklungsländern," Kiel Working Papers 663, Kiel Institute for the World Economy (IfW Kiel).

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