Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/66017 
Erscheinungsjahr: 
2010
Schriftenreihe/Nr.: 
Diskussionsbeitrag No. 457
Verlag: 
Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät, Hannover
Zusammenfassung: 
Conventional R&D-based growth theory suggests that productivity growth is positively correlated with population size or population growth, an implication which is hard to see in the data. Here we integrate microfounded fertility and schooling into an otherwise standard R&D-based growth model. We then show how a Beckerian child quality-quantity trade-off explains why higher growth of productivity and income per capita are associated with lower population growth. The medium-run prospects for future economic growth - when fertility is going to be below replacement level in virtually all fully developed countries - are thus much better than predicted by conventional R&D-based growth theory.
Schlagwörter: 
Endogenous growth
R&D
declining population
fertility
schooling
human capital
post-modern society
post-transitional fertility
JEL: 
J13
J24
O10
O30
O40
Dokumentart: 
Working Paper

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