publication . Article . 2016

Endogenous Population Dynamics and Economic Growth with Free Trade between Countries

Wei-Bin Zhang;
Open Access English
  • Published: 01 May 2016 Journal: Social Sciences and Education Research Review (issn: 2392-9863, Copyright policy)
  • Publisher: Editura Sitech
This paper builds a model to deal with dynamic interdependence between different countries' birth rates, mortality rates, populations, wealth accumulation, and time distributions between working, leisure and children caring. The model shows the role of human capital, technological and preference changes on national differences in birth rates, mortality rates, time distributions, population change, and wealth accumulation. The economic mechanisms of wealth accumulation, production and trade are based the Solow growth model and the Oniki-Uzawa trade model. We use the utility function proposed by Zhang to describe the behavior of households. We model national and g...
free text keywords: propensity to have children, birth rate, mortality rate, population growth, gender, international trade, time distribution, wealth accumulation, Education (General), L7-991, Social sciences (General), H1-99
36 references, page 1 of 3

Abel, A., Bernanke, B.S., and Croushore, D. (2007) Macroeconomics. New Jersey: Prentice Hall.

Adsera, A. (2005) Vanishing Children: From High Unemployment to Low Fertility in Developed Countries. American Economic Review 95, 189-93. [OpenAIRE]

Azariadis, C. (1993) Intertemporal Macroeconomics. Oxford: Blackwell.

Balestra, C. and Dottori, D. (2012) Aging Society, Health and the Environment. Journal of Population Economics 25, 1045-76.

Barro, R.J. and X. Sala-i-Martin (1995) Economic Growth. New York: McGrawBeneria, L. and Feldman, S. (1992, Eds.) Unequal Burden: Economic Crises, Persistent Poverty, and Women's Work. Boulder: Westview.

Bosi, S. and Seegmuller, T. (2012) Mortality Differential and Growth: What Do We Learn from the Barro-Becker Model? Mathematical Population Studies 19, 27-50.

Burmeister, E. and Dobell, A.R. (1970) Mathematical Theories of Economic Growth. London: Collier Macmillan Publishers.

Chu, A.C., Cozzi, G. and Liao, C.H. (2012) Endogenous Fertility and Human Capital in a Schumpeterian Growth Model. Journal of Population Economics (forthcoming) Deardorff, A.V. and Hanson, J. A. (1978) Accumulation and a Long-Run Heckscher-Ohlin Theorem. Economic Inquiry 16, 288-92.

Ehrlich, I. and Lui, F. (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 21, 205-42.

Findlay, R. (1984) Growth and Development in Trade Models. In Jones, R.W., Kenen, R.B. (Eds.): Handbook of International Economics. Amsterdam: North-Holland. [OpenAIRE]

Forsythe, N., Korzeniewicz, R.P. and Durrant, V. (2000) Gender Inequalities and Economic Growth: A Longitudinal Evaluation. Economic Development and Cultural Change 48, 573-617. [OpenAIRE]

Galor, O. (1992) Two-sector Overlapping-generations Model: A Global Characterization of the Dynamical System. Econometrica 60, 1351-86. [OpenAIRE]

Galor, O. and Weil, D. (1999) From Malthusian Stagnation to Modern Growth. American Economic Review 89, 150-54. [OpenAIRE]

Haavelmo, T. (1954) A Study in the Theory of Economic Evolution. NorthHolland: Amsterdam.

Hock, H. and Weil, D.N. (2012) On the Dynamics of the Age Structure, Dependency, and Consumption. Journal of Population Economics 25, 1019-43. [OpenAIRE]

36 references, page 1 of 3
Powered by OpenAIRE Open Research Graph
Any information missing or wrong?Report an Issue