Endogenous education and the reversal in the relationship between fertility and economic growth

Endogenous education and the reversal in the relationship between fertility and economic growth
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内生教育与生育率与经济增长关系的逆转

DOI:
10.1007/s00148-019-00762-5
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发表时间:
2020
影响因子:
6.1
通讯作者:
K. Prettner
K. Prettner
中科院分区:
经济学2区
文献类型:
--
作者:
A. Bucci;K. Prettner

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为了使基于研发的增长理论关于人口增长对生产率增长的影响的预测与现有的经验证据相一致,我们提出了一个易于处理的、连续时间的、多部门的、基于研发的内生教育和内生生育率增长模型。只要人力资本稀释效应足够弱,人口增长加快就可能导致人力资本积累加快,技术进步加快,从而提高生产率增长率。相反,当人力资本稀释效应变得足够强时,更快的人口增长减缓了总人力资本积累,抑制了技术变革的速度,从而降低了生产率增长。因此,该模型可以解释基于R& D的增长模型中,人口增长与生产率增长之间可能存在的负相关关系,这取决于人力资本稀释效应的强弱。
To reconcile the predictions of research and development (R&D)-based growth theory regarding the impact of population growth on productivity growth with the available empirical evidence, we propose a tractable, continuous-time, multisector, R&D-based growth model with endogenous education and endogenous fertility. As long as the human capital dilution effect is sufficiently weak, faster population growth may lead to faster aggregate human capital accumulation, to faster technological progress, and, thus, to a higher growth rate of productivity. By contrast, when the human capital dilution effect becomes sufficiently strong, faster population growth slows down aggregate human capital accumulation, dampens the rate of technical change, and, thus, reduces productivity growth. Therefore, the model can account for the possibly negative correlation between population growth and productivity growth in R&D-based growth models depending on the strength of the human capital dilution effect.
DOI: 10.1257/aer.90.4.806
发表时间: 2000-09-01
影响因子: 10.7
作者:
Galor, O;Weil, DN
通讯作者: Weil, DN