International Advances in Economic Research

, Volume 1, Issue 3, pp 242–250 | Cite as

Some welfare implications of birth, death, and migration

  • Harry R. Clarke
Articles

Abstract

The welfare effects of population change are analyzed using gains-from-trade ideas. This framework does not give rise to the pessimism of Malthusianism and optimal population theory. Overpopulation becomes a consequence of market failures impinging on fertility or migration choice, not the existence of fixed factors. The approach enables a generalization of single-good, single-factor models of population growth into settings where induced capital flows arise due to demographic change.

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Copyright information

© Atlantic Economic Society 1995

Authors and Affiliations

  • Harry R. Clarke
    • 1
  1. 1.La Trobe UniversityBundooraAustralia

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