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Economic Development and Environmental Change with Endogenous Birth and Mortality Rates

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  • Wei-Bin Zhang

Abstract

This paper deals with interactions between population growth, wealth accumulation, and environmental change. Wealth accumulation is built on the Solow growth model with Zhang’s alternative approach to household behavior with endogenous time distribution between work time, leisure time and time of children fostering. Population dynamics is influenced by the Haavelmo and the Barro-Becker models. Environmental change is modelled on the basis of some growth models with environmental change. The two-sector model describes a complicated interdependence between population change, wealth accumulation, and environmental change with endogenous time distribution in a perfectly competitive market. We simulate the model to demonstrate existence of equilibrium points and motion of the dynamic system. We also examine effects of changes in some parameters on the motion of the economic system.

Suggested Citation

  • Wei-Bin Zhang, 2017. "Economic Development and Environmental Change with Endogenous Birth and Mortality Rates," Asian Journal of Economic Modelling, Asian Economic and Social Society, vol. 5(1), pages 77-97.
    • Handle: RePEc:asi:ajemod:v:5:y:2017:i:1:p:77-97:id:889
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    Cited by:

    1. Ratneswary Rasiah & Vinitha Guptan & Muzafar Shah Habibullah, 2018. "Evaluating the Impact of Financial and Economic Factors on Environmental Degradation: A Panel Estimation Study of Selected Asean Countries," International Journal of Energy Economics and Policy, Econjournals, vol. 8(6), pages 209-216.
    2. Andhyka Tyaz Nugraha & Nor Hasni Osman, 2019. "CO2 Emissions, Economic Growth, Energy Consumption, and Household Expenditure for Indonesia: Evidence from Cointegration and Vector Error Correction Model," International Journal of Energy Economics and Policy, Econjournals, vol. 9(1), pages 291-298.
    3. Muhammad Yusuf & Zakir Sabara & Ismail Suardi Wekke, 2019. "Role of Innovation in Testing Environment Kuznets Curve: A Case of Indonesian Economy," International Journal of Energy Economics and Policy, Econjournals, vol. 9(1), pages 276-281.
    4. Azhar Susanto & Meiryani Meiryani, 2019. "The impact of Environmental Accounting Information System Alignment on Firm Performance and Environmental Performance: A case of Small and Medium Enterprises s of Indonesia," International Journal of Energy Economics and Policy, Econjournals, vol. 9(2), pages 229-236.

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