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Population control, technology, and economic growth

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  • Xianjuan Chen
  • Yi Zhou

Abstract

This paper examines the effects of China's population control policy on its economic transitions and long‐run equilibrium theoretically and quantitatively. The model‐predicted technological progress is assumed to be driven by population size and education level. With population control, the total number of children decreases; however, the average education level increases. Since the overall effect on technological progress is ambiguous, we performed a quantitative analysis of the model. The results demonstrate that population, technological progress, and income per capita move in endogenous cycles. The impact of China's population control policy depends on the timing of its implementation.

Suggested Citation

  • Xianjuan Chen & Yi Zhou, 2024. "Population control, technology, and economic growth," International Journal of Economic Theory, The International Society for Economic Theory, vol. 20(1), pages 28-55, March.
    • Handle: RePEc:bla:ijethy:v:20:y:2024:i:1:p:28-55
    DOI: 10.1111/ijet.12389
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    References listed on IDEAS

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    5. Thomas J. Holmes & Ellen R. McGrattan & Edward C. Prescott, 2015. "Quid Pro Quo: Technology Capital Transfers for Market Access in China," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 82(3), pages 1154-1193.
    6. Jakob Madsen & Holger Strulik, 2023. "Testing unified growth theory: Technological progress and the child quantity‐quality tradeoff," Quantitative Economics, Econometric Society, vol. 14(1), pages 235-275, January.
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