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The entwined growth of population and product, 1922-1982
Abstract:
This article "discusses aggregate-level interactions between Jewish immigration and economic growth both in the Jewish sector of Mandatory Palestine and in Israel". The reciprocal effects of population and economic growth are discussed in two sections on population as an engine of growth and was the size of the population dependent on the economy. The author concludes that "causality between population and [gross national] product runs both ways.... For the whole period 1922-1982, it is very clear that immigration pushed the rate of increase of capital stock. For the period from 1954 on, immigration responded to the growth rate of per capita income or consumption."