| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP1967 |
| DP1967 A Theory of Supervision with Endogenous Transaction Costs | |
| Jean-Jacques Laffont; David Martimort; Antoine Faure-Grimaud | |
| 发表日期 | 1998-09-30 |
| 出版年 | 1998 |
| 语种 | 英语 |
| 摘要 | This paper develops a unified model of growth, population, and technological progress that is consistent with long-term historical evidence. The economy endogenously evolves through three phases. In the Malthusian regime, population growth is positively related to the level of income per capita. Technological progress is slow and is matched by proportional increases in population, so that output per capita is stable around a constant level. In the post-Malthusian regime, the growth rates of technology and total output increase. Population growth absorbs much of the growth of output, but income per capita does rise slowly. The economy endogenously undergoes a demographic transition in which the traditionally positive relationship between income per capita and population growth is reversed. In the Modern Growth regime, population growth is moderate and income per capita rises rapidly. |
| 主题 | International Macroeconomics |
| 关键词 | Demographic transition Fertility Growth Malthusian trap Population growth Technological change |
| URL | https://cepr.org/publications/dp1967 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/531098 |
| 推荐引用方式 GB/T 7714 | Jean-Jacques Laffont,David Martimort,Antoine Faure-Grimaud. DP1967 A Theory of Supervision with Endogenous Transaction Costs. 1998. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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