Arbeitspapier
Human Capital Formation, Life Expectancy and the Process of Economic Development
This paper presents a non-Malthusian theory of long-term development We model the interplay between the process of human capital formation, technological progress, and the biological constraint of finite lifetime expectancy. All these processes are interdependent and determined endogenously. The model is analytically solved and simulated for illustrative purposes. The resulting dynamics reproduce a long period of stagnant growth as well as an endogenous and rapid transition to a situation characterized by permanent growth. This transition can be interpreted as industrial revolution. Historical and empirical evidence is discussed and shown to be in line with the predictions of the model.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 585
- Klassifikation
-
Wirtschaft
Demographic Economics: General
General Aggregative Models: General
One, Two, and Multisector Growth Models
Economic Growth and Aggregate Productivity: General
Economic Development: General
- Thema
-
long-term development
endogenous life expectancy
heterogeneous human capital
technological progress
industrial revolution
Entwicklungstheorie
Wachstumstheorie
Bildungsinvestition
Generationenbeziehungen
Sterblichkeit
Bevölkerungsökonomie
Dynamisches Gleichgewicht
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Cervellati, Matteo
Sunde, Uwe
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2002
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Cervellati, Matteo
- Sunde, Uwe
- Institute for the Study of Labor (IZA)
Entstanden
- 2002
Ähnliche Objekte (12)
Heterogeneity and Performance in Tournaments: A Test for Incentive Effects using Professional Tennis Data
Heterogeneity and Performance in Tournaments: A Test for Incentive Effects using Professional Tennis Data
Human Capital Accumulation, Education and Earnings Inequality
Life expectancy and economic growth: the role of the demographic transition
Life expectancy, schooling, and lifetime labor supply: Theory and evidence revisited
Economic and demographic development: the importance of life expectancy and the demographic transition
Human capital and growth: Specification matters
Unobserved Bilateral Search on the Labor Market: A Theory-Based Correction for a Common Flaw in Empirical Matching Studies
Potential, prizes and performance : testing tournament theory with professional tennis data
Wirtschaftliche Entwicklung und Demokratie: ist Demokratie ein Wohlstandsmotor oder ein Wohlstandsprodukt?
Macroeconomic consequences of demographic change : capital expenditures, demand, and factor prices
Human capital, mortality and fertility: a unified theory of the economic and demographic transition
Heterogeneity and Performance in Tournaments: A Test for Incentive Effects using Professional Tennis Data
Heterogeneity and Performance in Tournaments: A Test for Incentive Effects using Professional Tennis Data
Human Capital Accumulation, Education and Earnings Inequality
Life expectancy and economic growth: the role of the demographic transition
Life expectancy, schooling, and lifetime labor supply: Theory and evidence revisited
Economic and demographic development: the importance of life expectancy and the demographic transition
Human capital and growth: Specification matters
Unobserved Bilateral Search on the Labor Market: A Theory-Based Correction for a Common Flaw in Empirical Matching Studies
Potential, prizes and performance : testing tournament theory with professional tennis data
Wirtschaftliche Entwicklung und Demokratie: ist Demokratie ein Wohlstandsmotor oder ein Wohlstandsprodukt?
Macroeconomic consequences of demographic change : capital expenditures, demand, and factor prices
Human capital, mortality and fertility: a unified theory of the economic and demographic transition
Heterogeneity and Performance in Tournaments: A Test for Incentive Effects using Professional Tennis Data
Heterogeneity and Performance in Tournaments: A Test for Incentive Effects using Professional Tennis Data
Human Capital Accumulation, Education and Earnings Inequality
Life expectancy and economic growth: the role of the demographic transition
Life expectancy, schooling, and lifetime labor supply: Theory and evidence revisited
Economic and demographic development: the importance of life expectancy and the demographic transition
Human capital and growth: Specification matters
Unobserved Bilateral Search on the Labor Market: A Theory-Based Correction for a Common Flaw in Empirical Matching Studies
Potential, prizes and performance : testing tournament theory with professional tennis data
Wirtschaftliche Entwicklung und Demokratie: ist Demokratie ein Wohlstandsmotor oder ein Wohlstandsprodukt?
Macroeconomic consequences of demographic change : capital expenditures, demand, and factor prices