IDEAS home Printed from https://ideas.repec.org/a/eee/ecolet/v104y2009i1p27-30.html
   My bibliography  Save this article

Population and neoclassical economic growth: A new child policy perspective

Author

Listed:
  • Fanti, Luciano
  • Gori, Luca

Abstract

Using the basic OLG model of neoclassical growth with endogenous fertility, we show that a child tax can be used as a single instrument to actually raise population growth in the long run, while also raising per capita income.

Suggested Citation

  • Fanti, Luciano & Gori, Luca, 2009. "Population and neoclassical economic growth: A new child policy perspective," Economics Letters, Elsevier, vol. 104(1), pages 27-30, July.
    • Handle: RePEc:eee:ecolet:v:104:y:2009:i:1:p:27-30
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0165-1765(09)00093-7
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Ehrlich, Isaac & Lui, Francis, 1997. "The problem of population and growth: A review of the literature from Malthus to contemporary models of endogenous population and endogenous growth," Journal of Economic Dynamics and Control, Elsevier, vol. 21(1), pages 205-242, January.
    2. Francisco Rodríguez & Daniel Ortega, 2006. "Are capital shares higher in poor countries? Evidence from Industrial Surveys," Wesleyan Economics Working Papers 2006-023, Wesleyan University, Department of Economics.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Yasuoka, Masaya & Miyake, Atsushi, 2013. "Public debt, child allowances and pension benefits with endogenous fertility," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 7, pages 1-25.
    2. Tim Krieger & Jens Ruhose, 2013. "Honey, I shrunk the kids’ benefits—revisiting intergenerational conflict in OECD countries," Public Choice, Springer, vol. 157(1), pages 115-143, October.
    3. Luciano Fanti & Luca Gori, 2014. "Endogenous fertility, endogenous lifetime and economic growth: the role of child policies," Journal of Population Economics, Springer;European Society for Population Economics, vol. 27(2), pages 529-564, April.
    4. Masaya Shintani & Masaya Yasuoka, 2022. "Fertility, Inequality and Income Growth," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 8(1), pages 29-48, March.
    5. Spataro, Luca & Fanti, Luciano & Pacini, Pier Mario, 2019. "Saving, fertility and public policy in an overlapping generations small open economy," Economic Modelling, Elsevier, vol. 81(C), pages 16-29.
    6. Yasuoka, Masaya & Goto, Naohisa, 2011. "Pension and child care policies with endogenous fertility," Economic Modelling, Elsevier, vol. 28(6), pages 2478-2482.
    7. Masatoshi Jinno & Masaya Yasuoka, 2016. "Are the social security benefits of pensions or child-care policies best financed by a consumption tax?," Business and Economic Horizons (BEH), Prague Development Center, vol. 12(3), pages 94-112, September.
    8. Masatoshi Jinno & Masaya Yasuoka, 2016. "Tax System, Replacement Rate of Pension and Child Allowance," Applied Economics and Finance, Redfame publishing, vol. 3(3), pages 148-157, August.
    9. Luciano Fanti & Luca Gori, 2012. "Public Expenditure on Health and Private Old-Age Insurance in an OLG Growth Model with Endogenous Fertility: Chaotic Dynamics Under Perfect Foresight," Computational Economics, Springer;Society for Computational Economics, vol. 40(4), pages 333-353, December.
    10. Fanti, Luciano & Gori, Luca, 2012. "A note on endogenous fertility, child allowances and poverty traps," Economics Letters, Elsevier, vol. 117(3), pages 722-726.
    11. Minoru Watanabe, 2023. "Robot tax and endogenous fertility in an Overlapping Generations Model," Discussion Papers 2307, Graduate School of Economics, Kobe University.
    12. Masaya Shintani & Masaya Yasuoka, 2021. "Child Care Policy and Capital Mobility," Economics Bulletin, AccessEcon, vol. 41(2), pages 398-404.
    13. Masaya Yasuoka, 2014. "Child-care Policies and Pension in an Endogenous Fertility Model," Discussion Paper Series 114, School of Economics, Kwansei Gakuin University, revised Jan 2014.
    14. Akira Yakita, 2014. "Effects of capital taxation on economies with different demographic changes: short term versus long term," Journal of Population Economics, Springer;European Society for Population Economics, vol. 27(1), pages 257-273, January.
    15. Masaya Yasuoka & Naohisa Goto, 2015. "How is the child allowance to be financed? By income tax or consumption tax?," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 62(3), pages 249-269, September.
    16. Miyake, Atsushi & Yasuoka, Masaya, 2016. "Public Education and Child-Care Policies with Pay-As-You-Go Pension," MPRA Paper 75315, University Library of Munich, Germany.
    17. Yasuoka, Masaya, 2018. "Endogenous Fertility and Pension System," MPRA Paper 86131, University Library of Munich, Germany.
    18. Miyazawa, Kazutoshi, 2016. "Grandparental child care, child allowances, and fertility," The Journal of the Economics of Ageing, Elsevier, vol. 7(C), pages 53-60.
    19. Kazumasa Oguro & Masaya Yasuoka, 2017. "Stress, Child Care, and Fertility," Discussion Paper Series 153, School of Economics, Kwansei Gakuin University, revised Jan 2017.
    20. Luciano Fanti, 2012. "Fertility and money in an OLG model," Discussion Papers 2012/145, Dipartimento di Economia e Management (DEM), University of Pisa, Pisa, Italy.
    21. Masaya Yasuoka, 2013. "Can Child-Care Support Policies Halt Decreasing Fertility?," International Journal of Economics and Financial Issues, Econjournals, vol. 3(2), pages 409-419.
    22. Masaya Yasuoka, 2018. "Fertility, Income Growth and Inflation," Discussion Paper Series 182, School of Economics, Kwansei Gakuin University, revised Jul 2018.
    23. Masaya Shintani & Masaya Yasuoka, 2019. "Fertility and Labor Share of Child Care Service," Discussion Paper Series 194, School of Economics, Kwansei Gakuin University.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ghada Gomaa A. Mohamed & Morrison Handley Schachler, 2017. "Population Growth and Transitional Dynamics of Egypt Theoretical Analysis & Time Series Analysis from 1981 To 2007," International Journal of Asian Social Science, Asian Economic and Social Society, vol. 7(2), pages 110-118, February.
    2. Rojas-Romagosa, Hugo & van Leeuwen, Nico, 2009. "Modelling Human Capital in WorldScan," Conference papers 331881, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    3. Sen, Partha, 2006. "Population growth and steady state welfare in an overlapping generations model," Economics Letters, Elsevier, vol. 91(3), pages 325-329, June.
    4. Pierre Bachas & Matthew Fisher-Post & Anders Jensen & Gabriel Zucman, 2022. "Globalization and Factor Income Taxation," Working Papers halshs-03693211, HAL.
    5. Vikas Kakkar & Isabel Yan, 2012. "Real Exchange Rates and Productivity: Evidence from Asia," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 44, pages 301-322, March.
    6. Frederic Tournemaine & Pongsak Luangaram, 2012. "R&D, human capital, fertility, and growth," Journal of Population Economics, Springer;European Society for Population Economics, vol. 25(3), pages 923-953, July.
    7. Keith Blackburn & Niloy Bose & M. Emranul Haque, 2011. "Public Expenditures, Bureaucratic Corruption And Economic Development," Manchester School, University of Manchester, vol. 79(3), pages 405-428, June.
    8. Daniel Schaefer, 2024. "Development and Sector Labor Income Shares," Economics working papers 2024-05, Department of Economics, Johannes Kepler University Linz, Austria.
    9. David N. Weil & Oded Galor, 2000. "Population, Technology, and Growth: From Malthusian Stagnation to the Demographic Transition and Beyond," American Economic Review, American Economic Association, vol. 90(4), pages 806-828, September.
    10. Bruno Decreuse & Paul Maarek, 2015. "FDI and the Labor Share in Developing Countries : A Theory and Some Evidence," Annals of Economics and Statistics, GENES, issue 119-120, pages 289-319.
    11. Ben Fine, 1998. "Endogenous Growth Theory: A Critical Assessment," Working Papers 80, Department of Economics, SOAS University of London, UK.
    12. Persson, Joakim, 1999. "Demographic and Per Capita Income Dynamics: A Convergence Study on Demographics, Human Capital, and Per Capita Income for the US States," Working Paper Series 156, Trade Union Institute for Economic Research.
    13. Antoine Brias & Jean-Denis Mathias & Guillaume Deffuant, 2016. "Accelerating viability kernel computation with CUDA architecture: application to bycatch fishery management," Computational Management Science, Springer, vol. 13(3), pages 371-391, July.
    14. Maarek, Paul, 2012. "Labor share, informal sector and development," MPRA Paper 38756, University Library of Munich, Germany.
    15. Manuel A.Gómez & Luis C.Currais, 2001. "Income variation, endogenous population growth and health subsidy," Estudios de Economia, University of Chile, Department of Economics, vol. 28(2 Year 20), pages 165-181, December.
    16. ANDREOU, A. S. & PARSOPOULOS, K. E. & VRACHATIS, M. N. & Zombanakis, George A., 2002. "Searching for the Optimal Defence Expenditure: An Answer in the Context of the Greek – Turkish Arms Race," MPRA Paper 51580, University Library of Munich, Germany, revised 15 Aug 2002.
    17. Julio Lípez Díaz & Zenón J. Ridruejo, "undated". "Cambio demográfico, inmigración y crecimiento económico," Studies on the Spanish Economy 99, FEDEA.
    18. BEHRENS, Kristian & SATO, Yasuhiro, 2006. "Labor market integration and migration: impacts on skill formation and the wage structure," LIDAM Discussion Papers CORE 2006001, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    19. Wei-Bin Zhang, 2019. "Endogenous Population In A Neoclassical Growth Model With Wealth And Time Values," Noble International Journal of Economics and Financial Research, Noble Academic Publsiher, vol. 4(5), pages 47-63, May.
    20. de Freitas, Maurício Assuero Lima & Stamford da Silva, Alexandre, 2013. "The influence of the healthcare system on optimal economic growth," Economic Modelling, Elsevier, vol. 35(C), pages 734-742.

    More about this item

    Keywords

    Child tax Fertility OLG model;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecolet:v:104:y:2009:i:1:p:27-30. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/ecolet .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.