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
Abstract
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...
Subjects
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
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