Abstract
Economic demography is an area of study that examines the determinants and consequences of demographic change, including fertility, mortality, marriage, divorce, location (urbanisation, migration, density), age, gender, ethnicity, population size and population growth. This article reviews and critically evaluates important macroeconomic dimensions of the ‘population debates’ between the ‘optimists’ and the ‘pessimists’ since 1950. It concludes with an examination of demography in the popular ‘convergence’ growth models of the 1990s.
Keywords
- Adult equivalency
- Ageing
- Agricultural growth and population change
- Capital accumulation
- Convergence
- Demographic drag
- Demographic gift
- Demographic transition
- Diffusion of technology
- Diminishing returns
- Dismal science
- Economic demography
- Economic development
- Economic growth
- Education
- Endogenous growth
- Fertility
- Free rider problem
- Human capital
- Innovation
- Kuznets, S.
- Labour productivity
- Learning-by-doing
- Life expectancy
- Life-cycle modelling
- Malthus., T. R.
- Mortality
- Population density
- Population growth
- Population size
- Renewable resources
- Research and development
- Rule of law
- Saving
- Simon, J. L.
- Subsistence
- Technical change
JEL Classifications
- J10
This chapter was originally published in The New Palgrave Dictionary of Economics, 2nd edition, 2008. Edited by Steven N. Durlauf and Lawrence E. Blume
This is a preview of subscription content, access via your institution.
Bibliography
Arrow, K.J. 1962. The economic implications of learning by doing. Review of Economic Studies 29: 155–173.
Barro, R.J. 1997. Determinants of economic growth: A cross-country empirical study. Cambridge, MA: MIT Press.
Barro, R.J., and X. Sala-i-Martin. 1991. Convergence. Journal of Political Economy 100: 223–251.
Birdsall, N., A.C. Kelley, and S. Sinding (eds.). 2001. Demography matters: Population change, economic growth and poverty in the developing world. Oxford: Oxford University Press.
Bloom, D.E., and J.G. Williamson. 1998. Demographic transitions and economic miracles in emerging Asia. World Bank Economic Review 12: 419–455.
Bloom, D.E., D. Canning, and P. Malaney. 2000. Demographic change and economic growth in Asia. Population and Development Review 26: 257–1990.
Boserup, E. 1965. Conditions of agricultural growth. Chicago: Aldine.
Boserup, E. 1981. Population and technological change. Chicago: University of Chicago Press.
Chenery, H., and M. Syrquin. 1975. Patterns of development: 1950–1970. Oxford: Oxford University Press.
Coale, A.J., and E.M. Hoover. 1958. Population growth and economic development in low-income countries. Princeton: Princeton University Press.
Easterlin, R.A. 1978. The economics and sociology of fertility: A synthesis. In Historical studies of changing fertility, ed. C. Tilly. Princeton: Princeton University Press.
Glover, D.R., and J.L. Simon. 1975. The effect of population density on infrastructure: The case of road building. Economic Development and Cultural Change 23: 453–468.
Higgins, M. 1998. Demography, national savings, and international capital flows. International Economic Review 39: 343–369.
Kelley, A.C. 1988. Economic consequences of population change in the Third World. Journal of Economic Literature 26: 1685–1728.
Kelley, A.C. 2001. The population debate in historical perspective: Revisionism revisited. In Population matters: Demographic change, economic growth, and poverty in the developing world, ed. N. Birdsall, A. Kelley, and S. Sinding. Oxford: Oxford University Press.
Kelley, A.C., and R.M. Schmidt. 1995. Aggregate population and economic growth correlations: The role of the components of demographic change. Demography 32: 543–555.
Kelley, A.C., and R.M. Schmidt. 2001. Economic and demographic change: A synthesis of models, findings and perspectives. In Population Matters : Demographic Change, Economic Growth, and Poverty in the Developing World, ed. N. Birdsall, A.C. Kelley, and S. Sinding. Oxford: Oxford University Press.
Kuznets, S. 1960. Population change and aggregate output. In Demographic and economic change in developed countries, National Bureau of Economic Research. Princeton: Princeton University Press.
Lee, R.D., A. Mason, and T. Miller. 2001. Saving, wealth and population. In Population matters: Demographic change, economic growth, and poverty in the developing world, ed. N. Birdsall, A.C. Kelley, and S. Sinding. Oxford: Oxford University Press.
Malthus, T.R. 1798. An essay on the principle of population, , 1970. Harmondsworth: Penguin.
Mason, A. 1987. National saving rates and population growth: A new model and new evidence. In Population growth and economic development: Issues and evidence, ed. D.G. Johnson and R.D. Lee. Madison: University of Wisconsin Press.
National Academy of Sciences. 1971. Rapid population growth: Consequences and policy implications, vol. 1: Summary and recommendations; vol. 2: Research papers. Baltimore: Johns Hopkins University Press.
National Academy of Sciences. 1986. Population growth and economic development: Policy questions. Washington, DC: National Research Council.
Schultz, T.P. 1987. Schooling expenditures and enrollments 1960–1980: The effects on income, prices and population growth. In Population growth and economic development issues and evidence, ed. D. Gale Johnson and R.D. Lee. Madison: University of Wisconsin Press.
Simon, J.L. 1981. The ultimate resource. Princeton: Princeton University Press.
Simon, J.L. 1996. The ultimate resource 2. Princeton: Princeton University Press.
Srinivasan, T.N. 1988. Modeling growth and economic development. Journal of Policy Modeling 10: 7–28.
United Nations. 1953. The determinants and consequences of population trends. New York: United Nations.
United Nations. 1973. The determinants and consequences of population trends. New York: United Nations.
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Copyright information
© 2008 The Author(s)
About this entry
Cite this entry
Kelley, A.C., Schmidt, R.M. (2008). Economic Demography. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95121-5_2253-1
Download citation
DOI: https://doi.org/10.1057/978-1-349-95121-5_2253-1
Received:
Accepted:
Published:
Publisher Name: Palgrave Macmillan, London
Online ISBN: 978-1-349-95121-5
eBook Packages: Springer Reference Economics and FinanceReference Module Humanities and Social Sciences