全球智库信息集成服务系统(G2TT): Growth on a finite planet: resources, technology and population in the long run

G2TT

来源类型	Working papers
规范类型	论文
DOI	10.3929/ethz-a-006519301
	Growth on a finite planet: resources, technology and population in the long run
	Valente, Simone; Peretto, Pietro F.
发表日期	2011-06
出版者	ETH Zurich, Center of Economic Research (CER-ETH)
出版年	2011
语种	英语
摘要	We study the interactions between technological change, resource scarcity and population dynamics in a Schumpeterian model with endogenous fertility. There exists a pseudo-Malthusian equilibrium in which population is constant and income grows exponentially: the equilibrium population level is determined by resource scarcity but is independent of technology. The stability properties are driven by (i) the income reaction to increased resource scarcity and (ii) the fertility response to income dynamics. If labor and resources are substitutes in production, income and fertility dynamics are self-balancing and the pseudo-Malthusian equilibrium is the global attractor of the system. If labor and resources are complements, income and fertility dynamics are self-reinforcing and drive the economy towards either demographic explosion or human extinction. Introducing a minimum resource requirement, we obtain a second steady state implying constant population even under complementarity. The standard result of exponential population growth appears as a rather special case of our model.
主题	Endogenous innovation ; Resource scarcity ; Population growth ; Fertility choices
URL	https://www.research-collection.ethz.ch/handle/20.500.11850/40235
来源智库	Centre for Energy Policy and Economics (Switzerland)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/266688
推荐引用方式 GB/T 7714	Valente, Simone,Peretto, Pietro F.. Growth on a finite planet: resources, technology and population in the long run. 2011.

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