Long-run consequences of population decline in an economy with exhaustible resources
Long-run consequences of population decline in an economy with exhaustible resources
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资源枯竭的经济体中人口减少的长期后果
DOI：
10.1016/j.econmod.2023.106212
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发表时间：
2023
影响因子：
4.7
通讯作者：
Sasaki Hiroaki
中科院分区：
文献类型：
--
作者：
Mino Kazuo;Sasaki Hiroaki
本研究探讨了人口下降如何影响一个经济体的长期绩效，在这个经济体中，可耗尽的资源是生产所不可或缺的。本文利用一个具有外部报酬递增的单部门新古典增长模型，考察了在长期均衡中，人均收入和消费的增长能够持续的条件。我们发现，人口下降，而不是可耗尽的资源，可以终止人均收入和消费的持续增长。
This study explores how population decline affects the long-run performance of an economy in which exhaustible resources are indispensable for production. Using a one-sector neoclassical growth model with external increasing returns, we examine the conditions under which the expansion of per capita income and consumption can be sustained in the long-run equilibrium. We find that population decline, rather than exhaustible resources, can terminate the persistent growth in per capita income and consumption.