The End of Economic Growth? Unintended Consequences of a Declining Population /
Jones, Charles I.
The End of Economic Growth? Unintended Consequences of a Declining Population / Charles I. Jones. - Cambridge, Mass. National Bureau of Economic Research 2020. - 1 online resource: illustrations (black and white); - NBER working paper series no. w26651 . - Working Paper Series (National Bureau of Economic Research) no. w26651. .
January 2020.
In many models, economic growth is driven by people discovering new ideas. These models typically assume either a constant or a growing population. However, in high income countries today, fertility is already below its replacement rate: women are having fewer than two children on average. It is a distinct possibility -- highlighted in the recent book, "Empty Planet" -- that global population will decline rather than stabilize in the long run. What happens to economic growth when population growth turns negative?
System requirements: Adobe [Acrobat] Reader required for PDF files.
Mode of access: World Wide Web.
The End of Economic Growth? Unintended Consequences of a Declining Population / Charles I. Jones. - Cambridge, Mass. National Bureau of Economic Research 2020. - 1 online resource: illustrations (black and white); - NBER working paper series no. w26651 . - Working Paper Series (National Bureau of Economic Research) no. w26651. .
January 2020.
In many models, economic growth is driven by people discovering new ideas. These models typically assume either a constant or a growing population. However, in high income countries today, fertility is already below its replacement rate: women are having fewer than two children on average. It is a distinct possibility -- highlighted in the recent book, "Empty Planet" -- that global population will decline rather than stabilize in the long run. What happens to economic growth when population growth turns negative?
System requirements: Adobe [Acrobat] Reader required for PDF files.
Mode of access: World Wide Web.