テクニカルレポート

ディスカッション／ワーキング・ペーパー

text

Discussion Papers In Economics And Business. 2017, 17-26, p. 1-33

Rising Longevity, Fertility Dynamics, and R&D-based Growth

Graduate School of Economics and Osaka School of International Public Policy (OSIPP), Osaka University

英語

text

2017-08

http://www2.econ.osaka-u.ac.jp/library/global/dp/1726.pdf

This study constructs an overlapping-generations model with endogenous fertility, mortality, and R&D activities. We demonstrate that the model explains the observed fertility dynamics of developed countries. When the level of per capita wage income is either low or high, an increase in such income raises the fertility rate. When the level of per capita wage income is in the middle, an increase in such income decreases the fertility rate. The model also predicts the observed relationship between population growth and innovative activity. At first, both the rates of population growth and technological progress increase, that is, there is a positive relationship. Thereafter, the rate of population growth decreases but the rate of technological progress increases, showing a negative relationship.

62269

Rising Longevity, Fertility Dynamics, and R&D-based Growth

Graduate School of Economics and Osaka School of International Public Policy (OSIPP), Osaka University

英語

2017-08

Discussion Papers In Economics And Business

17-26

1

33

https://hdl.handle.net/11094/62269

http://www2.econ.osaka-u.ac.jp/library/global/dp/1726.pdf