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Induced population growth and induced technological progress: their interaction in the accelerating stage
Mathematical Population Studies
|January 1, 1988
Summary
This study presents a simple model where population growth and technological progress lead to accelerating economic expansion. It suggests this model applies to early growth stages, not later ones with severe resource limits.
Area of Science:
- Economics
- Demography
- Technological Progress
Background:
- Malthusian population growth theory.
- Historical economic development models.
Purpose of the Study:
- To model accelerating economic growth.
- To explore the interplay between population and technology.
- To define the applicability of the model to different growth stages.
Main Methods:
- Development of a simple mathematical model.
- Integration of Malthusian population dynamics.
- Incorporation of population-induced technological progress.
- Parameter inference from historical data.
Main Results:
- The model demonstrates accelerating growth.
- Technological progress can overcome initial resource limitations.
- The model's relevance diminishes as resource constraints become more severe.
Conclusions:
- Population-induced technological progress can drive early economic expansion.
- The model is suitable for analyzing initial growth phases.
- Later stages of growth may require different models due to persistent resource constraints.