An Empirical Analysis of Population and Technological Progress
Samenvatting
Analyzing the relation between population factors and technological progress is the main purpose of this book. With its declining population, Japan faces the simple but difficult problem of whether sustained economic growth can be maintained. Although there are many studies to investigate future economic growth from the point of view of labor force transition and the decreasing saving rate, technological progress is the most important factor to be considered in the future path of the Japanese economy. Technological progress is the result of innovations or improvements in the quality of human and physical capital. The increase in technological progress, which is measured as total factor productivity (TFP), is realized both by improvements in productivity in the short term and by economic developments in the long term. The author investigates the relationship of population factors and productivity, focusing on productivity improvement in the short term. Many discussions have long been held about the relation between population and technological progress. From the old Malthusian model to the modern endogenous economic growth models, various theories are developed in the context of growth theory. In this book, these discussions are summarized briefly, with an analysis of the quantitative relation between population and technological progress using country-based panel data in recent periods.
Specificaties
Inhoudsopgave
and Technological Progress – from A Historical View.- 1.1
Malthusian Model and Modern Interpretation of Technological Progress.- 1.2
Population Growth and Level of Population.- 1.3 Technological Progress and
Economic Growth.- 1.4 Demographic Transition and Economic Growth.- 1.5 Remarks.-
Appendix1.1 Kremer’s Theoretical Model.- Appendix 1.2 Endogenous Growth and
Population Literature.- References.- 2 Population,
Economic Growth, and TFP in Developed Countries.- 2.1 Economic Growth and
Growth Accounting.- 2.2 Growth Accounting in OECD Countries.- 2.3 Population
and Economic Growth.- References.- 3 Theoretical
and Empirical Analysis of Population and Technological Progress.- 3.1 Perspective
of Technological Progress and Population Decreasing.- 3.2 The Theoretical Setting
for an Empirical Analysis.- 3.3 Preparation for Empirical Analysis.- 3.4 Estimation
Results.- References.- Conclusions and
Remaining Problems.
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