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Semi-endogenous growth when population is decreasing

Author

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  • Thomas Christiaans

    (FOM University of Applied Sciences)

Abstract

The paper analyzes the effect of a negative population growth rate on per capita income growth using a simple model of semi-endogenous growth. It is shown that there is a non-monotonous relationship between population growth rates and long-run per capita income growth rates. Compared to the case of positive population growth the dynamics are richer and depend on the rate of depreciation. Semi-endogenous growth becomes partly endogenous.

Suggested Citation

  • Thomas Christiaans, 2011. "Semi-endogenous growth when population is decreasing," Economics Bulletin, AccessEcon, vol. 31(3), pages 2667-2673.
    • Handle: RePEc:ebl:ecbull:eb-11-00182
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    File URL: http://www.accessecon.com/Pubs/EB/2011/Volume31/EB-11-V31-I3-P239.pdf
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    References listed on IDEAS

    as
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    Citations

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    Cited by:

    1. Bucci, Alberto, 2023. "Can a negative population growth rate sustain a positive economic growth rate in the long run?," Mathematical Social Sciences, Elsevier, vol. 122(C), pages 17-28.
    2. Hiroaki Sasaki, 2013. "Positive and Negative Population Growth and Long-Run Trade Patterns: A Non-Scale Growth Model," Discussion papers e-13-004, Graduate School of Economics Project Center, Kyoto University.
    3. Sasaki, Hiroaki, 2015. "International Trade And Industrialization With Negative Population Growth," Macroeconomic Dynamics, Cambridge University Press, vol. 19(8), pages 1647-1658, December.
    4. Sasaki, Hiroaki, 2023. "Growth with automation capital and declining population," Economics Letters, Elsevier, vol. 222(C).
    5. Sasaki, Hiroaki & Fukatani, Noriki & Imai, Daisuke & Kamanaka, Yusuke, 2022. "Sustainable Economic Growth in an Economy with Exhaustible Resources and a Declining Population under the Balance-of-Payments Constraint," MPRA Paper 113559, University Library of Munich, Germany.
    6. Hellwagner, Timon & Weber, Enzo, 2021. "Labour Market Adjustments to Population Decline," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242455, Verein für Socialpolitik / German Economic Association.
    7. Ichiroh DAITOH & Hiroaki SASAKI, 2023. "At the Right Time:Ramsey-Cass-Koopmans Model with Declining Population," Discussion papers e-23-002, Graduate School of Economics , Kyoto University.
    8. Kazuo Mino & Hiroaki Sasaki, 2021. "Long-Run Consequences of Population Decline in an Economy with Exhaustible Natural Resources," KIER Working Papers 1062, Kyoto University, Institute of Economic Research.
    9. Sasaki, Hiroaki & Mino, Kazuo, 2024. "Effects of exhaustible resources and declining population on economic growth with Hotelling’s rule," International Review of Economics & Finance, Elsevier, vol. 94(C).
    10. Sasaki, Hiroaki & Hoshida, Keisuke, 2014. "Semi-Endogenous R&D Growth Model with Negative Population Growth," MPRA Paper 53833, University Library of Munich, Germany.
    11. Ichiroh Daitoh, 2020. "Rates of Population Decline in Solow and Semi-Endogenous Growth Models: Empirical Relevance and the Role of Child Rearing Cost," Keio-IES Discussion Paper Series 2020-004, Institute for Economics Studies, Keio University.
    12. Sasaki, Hiroaki, 2017. "A Note on the Solow Growth Model with a CES Production Function and Declining Population," MPRA Paper 80062, University Library of Munich, Germany.
    13. Mino, Kazuo & Sasaki, Hiroaki, 2023. "Long-run consequences of population decline in an economy with exhaustible resources," Economic Modelling, Elsevier, vol. 121(C).
    14. Alberto Bucci & Lorenzo Carbonari & Giovanni Trovato & Pedro Trivin, 2024. "Human Capital-based Growth with Depopulation and Class-size Effects: Theory and Empirics," Working Paper series 24-05, Rimini Centre for Economic Analysis.
    15. Hiroaki Sasaki, 2019. "The Solow growth model with a CES production function and declining population," Economics Bulletin, AccessEcon, vol. 39(3), pages 1979-1988.
    16. Sasaki, Hiroaki & Hori, Taichi & Hasegawa, Rokuhisa & Tajiri, Shigehiro & Nakamura, Kaito, 2023. "Mankiw-Romer-Weil Model with Declining Population: A Note," MPRA Paper 119457, University Library of Munich, Germany.
    17. Luca Guerrini, 2012. "Constant population growth rate and time to build: the Solow model case," Economics Bulletin, AccessEcon, vol. 32(4), pages 3260-3265.
    18. Bo-Xiang Hsu & Yi-Min Chen, 2021. "Why university matters: the impact of university resources on foreign workers’ human and social capital accumulation," International Entrepreneurship and Management Journal, Springer, vol. 17(1), pages 45-61, March.
    19. Charles I. Jones, 2022. "The End of Economic Growth? Unintended Consequences of a Declining Population," American Economic Review, American Economic Association, vol. 112(11), pages 3489-3527, November.
    20. Sasaki, Hiroaki, 2019. "Non-Renewable Resources and the Possibility of Sustainable Economic Development in a Positive or Negative Population Growth Economy," MPRA Paper 92204, University Library of Munich, Germany.
    21. Thomas Christiaans, 2017. "On the implications of declining population growth for regional migration," Journal of Economics, Springer, vol. 122(2), pages 155-171, October.

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    More about this item

    Keywords

    negative population growth; semi-endogenous growth;

    JEL classification:

    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity

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