We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

The Role of Economic Fertility and Population in Economic Growth - Essay Example

Comments (0) Cite this document
Summary
The academic article entitled “The Role of Economic Fertility and Population in Economic Growth: Empirical Results from Aggregate Cross-National Data” by James Brander and Steve Dorwick posits from two sets of cross-country panel data that higher birth rates reduce economic growth through investment effects and probably from capital dilution…
Download full paper
GRAB THE BEST PAPER
The Role of Economic Fertility and Population in Economic Growth
Read TextPreview

Extract of sample
The Role of Economic Fertility and Population in Economic Growth

Download file to see previous pages... And although there was a slowdown in per capita growth from the period 1961-85, Brander and Dorwick attributes this due to a decline in technological progress and less so due to the doubling of population at the world level. Finally, technological change is taken as an exogenous variable in the models of this paper, where possible recommendations include detailed modeling of endogenous emergence of technological progress as an outcome of the maximization by firms in an imperfectly competitive environment and keeping in mind that per capita income approximates the economic welfare of both children and adults. Ever since the inception of scientific studies which tackle population or fertility as an underlying reason of economic stagnation, there has been an increase not only in awareness of overpopulation as a leading factor for poverty, but also in general funding for contraceptives both from private and public institutions. To this extent, key people in society have agreed that the population problem is the principal element for long-term economic development. Even before this study of Brander and Dorwick, the United States has already adopted a policy the National Security Memorandum 200: Implications of Worldwide Population Growth for U.S. Security and Overseas Interests which gives priority on population control measures and the promotion of contraception among 13 populous countries. Insofar as the effects of overpopulation is concerned, media including USAID has touted the rational that the U.S. economy requires large and increasing amounts of minerals from abroad and that these countries can produce destabilizing opposition forces without support for population-related efforts. Initial regression equations proposes per capita output growth as the dependent variable and population growth and crude birth rate as individual independent factors affecting per capita income. The theoretical framework used for the paper by Brander and Dowrick, however, has its roots in the aggregate production function, Y = Y(K,H,R;O,o) where Y represents domestic output, K represents capital, H represents effective labor input, R represents fixed factors of production such as land and natural resources, O represents the states of technology and o represents other factors. After parametric transformation, the main factors considered to affect per capita output growth in percent includes annualized five year growth rate in the share of population of working age, annualized five year population growth rate, investment as a % share of GDP (5 year average) and the log of relative productivity. Sub-regressions were made for growth in working age share of population versus birth rates and investment as affected by birth rate, relative price of investment and income. All in all, the channels by which fertility affects per capita income include the share of population of working age, the change in population growth rates leading to changes in availability of capital and natural resources per person and economies of scale, and through per capita investment rate, all of which lead to a negative relationship with per capita income. Like all regression models, the model by Brander and Dorwic ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“The Role of Economic Fertility and Population in Economic Growth Essay”, n.d.)
The Role of Economic Fertility and Population in Economic Growth Essay. Retrieved from https://studentshare.org/macro-microeconomics/1452044-popular-articles-digging-deeper
(The Role of Economic Fertility and Population in Economic Growth Essay)
The Role of Economic Fertility and Population in Economic Growth Essay. https://studentshare.org/macro-microeconomics/1452044-popular-articles-digging-deeper.
“The Role of Economic Fertility and Population in Economic Growth Essay”, n.d. https://studentshare.org/macro-microeconomics/1452044-popular-articles-digging-deeper.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Economic Growth
Economic growth is one of the major macroeconomic objectives. Economic growth is regarded as a necessary and desirable feature of modern economies . Economic growth is widely defined as ‘the sustained increase in real per capita incomes’ .
4 Pages(1000 words)Essay
Economic Demography - Economic on Fertility
This expanded horizon in women’s identity is noted through a number of evidences observed by Goldin: In the National Longitudinal Survey conducted amongst 14-24 year olds in 1968, it was observed that more and more young women aspired to be a part of paid labor force.
3 Pages(750 words)Essay
Economic growth of Asian countries
GDP refers to the value of goods and services produced within the domestic boundary of a country within a given time period. Whenever the GDP rises over time we can say that the concerned country has experienced economic growth. (Branson 1989) In this context, one thing should be remembered that the GDP is a money value of the goods and services.
14 Pages(3500 words)Essay
Economic growth and the role of government
Since economics is thought of being the bridge between scarce resources and unlimited human wants, a holistic definition of economic growth would be to increase the efficiency of an economy. This happens as a corollary of growth where an economy will grow over time to the next higher level in terms of production of goods and services, employment, foreign trade and other macroeconomic factors.
4 Pages(1000 words)Essay
Fertility decline has repercussions far beyond those of changing population growth rates. Discuss
dren in Islamic households, as well as the religion-dominated lifestyles of its people, fertility decline has had unique effects on the Muslim culture. These effects vary in importance; however, there is a clear distinction between Iran and Saudi Arabia. This paper will identify
5 Pages(1250 words)Essay
Economic Growth
Percentages encompassed in 1980 sum to less than 100 owing to the explanation that contributors depicted meager values. For instance, population in 1980 encompassed undersized statistics. This expounds
3 Pages(750 words)Essay
Economic Development Stimulates Population Growth
The relationship between economic development and population growth goes in two directions. The population seems to grow geometrically while the food supply is arithmetical. Higher economic development increases population by motivating earlier marriages and high birth rates as well.
4 Pages(1000 words)Essay
Economic Development
The concept might also be recognized as the qualitative as well as quantitative alterations taking place within an economy. These processes widely comprise of various aspects concerning regional competitiveness, social advancement, literacy rate, infrastructural developments and numerous other initiatives.
3 Pages(750 words)Essay
Economic Growth
In addition to that, a sustainable economic growth does not solely focus in ensuring that people live a good life it also focuses on
8 Pages(2000 words)Essay
Let us find you another Essay on topic The Role of Economic Fertility and Population in Economic Growth for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us