StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

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 paperFile format: .doc, available for editing
GRAB THE BEST PAPER95.7% of users find it useful
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 OF The Role of Economic Fertility and Population in Economic Growth

The Role Played by Cultural Difference in International Politics

The discourse of multiculturalism is inconsistent. To its advantages belongs preservation of cultural pluralism, recognition, and protection of the diverse minority, refusal from xenophobia, chauvinism, and racial prejudices. Lacks are shown in ethnisation of social relations, the institutionalization of cultural distinctions, ignoring the liberal principle of priority of the rights of an individual.

The culture of any nation, defining its spiritual uniqueness, expressing its creative power and abilities, simultaneously is a property of all mankind. “According to official multiculturalism, no individual is forced to retain his or her culture, but all cultures are granted a universal right to celebrate and even to...
9 Pages(2250 words)Essay

An Overcorrection of Mary Magdalenes Biblical Role

A purely theological approach to DVC would be impossible since the claims the book makes takes issue with what has been supposedly left out of the bible. This essay will in no way attempt to question whether any non-canonical gospels should be considered; that sort of investigation should be left to historians.

As Brandon Gilvin states in Solving the Da Vinci Code Mystery, “It’s difficult to start a discussion on the creation of the bible from the Bible itself” (7). As the word of God is being questioned, it does us no good to turn to the Gnostic Gospels, the main sources of the claims of Mary Magdalene’s and Jesus’ marriage. In these texts, Mary Magdalene is the most mentioned person after...
11 Pages(2750 words)Essay

The Growth of the Service Industry

The expansion of the service sector has unquestionably generated economic prosperity, but it has eminently contributed to social injustice and inequality. Consequently, I believe that while the growth of the service industry has great economic intuition, it is eventually socially detrimental and distancing society from achieving paradigms of social equilibrium.
Service, by definition, is the exchange of a commodity that has no tangible form; whereas industry is described as the people or organizations engaged in a particular type of enterprise. The service industry is then simply defined as an aggregation of commercial entities that provide services rather than physical objects. The non-material nature of services can be dist...
9 Pages(2250 words)Case Study

The Economic Impact of the Emergence of China and India

The main macroeconomic variable that toys in the global economy’s shift are the emergence of India and China as new superpowers. This emergence certainly has a number of implications, but among the most relevant are: disruption of the equilibrium of the global economy which results in rising demand of goods, giving way to worldwide inflation; the attractiveness of outsourcing to these countries due to low cost but high talent workforce of these countries for cheaper operations.
The growing middle class of China and India results in booming demand for the automobile industry. This increase in demand, with the increasing purchasing power of these countries’ people, is not limited to automobiles but more apparent in...
10 Pages(2500 words)Assignment

An Evaluation of the Role That the Principles of Behaviour Therapy Have to Play in Clinical Hypnosis

Hamburg (2006) first used this combined effort to treat two patients who were scared of dying. He uses his paper to encourage clinicians to refrain from not using their knowledge at the introductory classes of hypnosis but to go into it deeper. Many therapists at that time were taking the bold step of combining behavior therapy with hypnosis (Chaves, 2006). One group used hypnosis for desensitization therapy (Kirsch et al, 1995). However, there was general disagreement about the manner of hypnosis being employed and the methods of mentalist constructs. Chaves who strongly believed in the treatment combination used it as a base for many of his therapeutic interventions (Chaves, 1997a as cited in Chaves, 2006). The hypnotic therapy...
8 Pages(2000 words)Article

Economic Analysis of India

The country’s economy is fast growing with a stable political system that encourages foreign investment although with certain restrictions. The country generally has good energy, transport and communication systems which make the cost of doing business affordably.

The Republic of India found South of Asia is by far the world’s most populous democracy and ranks seventh largest in terms of geographical area (Brown, 1994). India is also the second most highly populated country in the world. The country has a rich culture with four major religions having originally emerged from it; Sikhism, Buddhism, Hinduism, and Jainism. The Indian Republic consists of seven union territories and 28 states and ranks twelfth la...
8 Pages(2000 words)Case Study

Role of the Police and Private Security

...Report to the Legislator - Committee on Crime and Criminal Justice Congratulations on being appointed to the Committee on Crime and Criminal Justice. As a public servant you are holding a very responsible post that covers many areas of administration including the important role of providing security to the citizens of your constituency and to those individuals who visit it. This report will provide you with a clear picture on the role of security agencies with regard to homeland security. Many of the points mentioned here may be new or already known to you, but they are provided here in any case. It is common knowledge that apart from local and organized crime within the United States, the country is now facing new forms of threats like...
8 Pages(2000 words)Case Study

Comparison of Leading Womens Role in Portrait of Teresa and Salt of Sea

... and growth directions of a society. The following essay aims to compare and contrast the role of Teresa as depicted in the movie “portrait of Teresa” with the role of Esperanza Quintero presented in the movie “Salt of the earth”. The essay analyzes the nature of the women’s roles presented in these movies and present an overview of the difficulties and problems these women faced that ultimately compelled them playing practical and struggling role in their societies. The essay strives to explain the contradictions and similarities in the characters of these two women. Furthermore, these characters are viewed from the spectrum of modern society to analyze the viability and prevalence of the directors’ philosophies and ideologies...
7 Pages(1750 words)Case Study

International Business: World Economic Forum and Davos 2010

... resistant rice plants, which could ensure smooth production of food grains. The economically backward nations require more of technical collaboration. Private sector can enter these countries and start initiatives such as the one started in Senegal. Mobile technology has pervaded many societies but the scope is still immense. MNCs should think of ventures in such areas initially by just asking for a small fixed amount per month against mobile facility. Mobile telephony itself can ensure health, banking and other social benefits to the underserved areas. Another interesting area for the businesses is to cater to the needs of the ageing population. The retail sector, including the drug stores, could come with solutions to home-deliver...
7 Pages(1750 words)Coursework

Globalization and World Economic Forum at Davos 2010

... economy and national culture (Mittelman, 2000). World Economic Forum and Davos 2010 The theme of this annual meeting is to improve the state of the world and rethink, redesign and rebuild. This annual meeting was to rethink the business models, financial innovation and risk management. This rethinking is sought to trigger redesign attempts at the institutions at the national and international levels. The aim of redesign is to close the gaps in governance, prevent systemic failures and restore growth. This effort requires common vision, collaborative innovation and public-private partnership to succeed in the long term. The prerequisite would be to rebuild trust. The meeting focused on the following six areas of enquiry: 1. strengthening...
7 Pages(1750 words)Coursework
sponsored ads
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.

Let us find you another Essay on topic The Role of Economic Fertility and Population in Economic Growth for FREE!

Contact Us