An Empirical Analysis of Population and Technological by Hisakazu Kato PDF

By Hisakazu Kato

ISBN-10: 4431549587

ISBN-13: 9784431549581

ISBN-10: 4431549595

ISBN-13: 9784431549598

​Analyzing the relation among inhabitants components and technological growth is the most objective of this publication. With its declining inhabitants, Japan faces the straightforward yet tough challenge of even if sustained fiscal progress should be maintained. even supposing there are numerous reviews to enquire destiny monetary progress from the viewpoint of work strength transition and the lowering saving fee, technological growth is crucial issue to be thought of sooner or later direction of the japanese economic climate. Technological growth is the results of thoughts or advancements within the caliber of human and actual capital. the rise in technological development, that's measured as overall issue productiveness (TFP), is learned either by means of advancements in productiveness within the brief time period and via fiscal advancements within the long-term. the writer investigates the connection of inhabitants components and productiveness, targeting productiveness development within the brief time period. Many discussions have lengthy been held in regards to the relation among inhabitants and technological growth. From the outdated Malthusian version to the fashionable endogenous financial development types, a number of theories are constructed within the context of development conception. during this e-book, those discussions are summarized in brief, with an research of the quantitative relation among inhabitants and technological development utilizing country-based panel information in contemporary periods.

Show description

Read or Download An Empirical Analysis of Population and Technological Progress PDF

Similar demography books

Download PDF by Richard A. Easterlin: The Reluctant Economist: Perspectives on Economics, Economic

Drawing broadly on social technology and historical past, economist Richard Easterlin asks: the place is speedy financial progress taking us? Why has its unfold in the course of the international been so restricted? What are the reasons of the nice 20th century advances in lifestyles expectancy and the revolution in childbearing that has introduced fertility all over the world to near-replacement degrees?

Read e-book online Pensionomics: On the Role of PAYGO in Pension Portfolios PDF

Pensionomics places ahead a portfolio standpoint at the mixture of funded and unfunded pension preparations. In a second-best style argument it's officially proven Pay-As-You-Go pension approach can replacement the tradability of human capital: if risk-averse traders have been in a position to without delay make investments into the current price of destiny labour source of revenue, they'd allocate their pension portfolios in either human and actual capital.

Download e-book for kindle: Italy and Japan: How Similar Are They?: A Comparative by Silvio Beretta, Axel Berkofsky, Fabio Rugge

This ebook offers an enlightening comparative research of Japan’s and Italy’s political cultures and structures, economics, and diplomacy from global warfare II to the current day. It addresses a number of attention-grabbing questions, starting from the origins of the authoritarian regimes and post-war one-party rule in either international locations, via to Japan’s and Italy’s responses to the commercial and societal demanding situations posed by way of globalization and their overseas pursuits and methods.

Walter Scheidel's The Great Leveler: Violence and the History of Inequality PDF

Are mass violence and catastrophes the one forces which could heavily reduce fiscal inequality? to pass judgement on by way of hundreds of thousands of years of historical past, the answer's convinced. Tracing the worldwide heritage of inequality from the Stone Age to this present day, Walter Scheidel exhibits that inequality by no means dies peacefully. Inequality declines whilst carnage and catastrophe strike and raises whilst peace and balance go back.

Extra info for An Empirical Analysis of Population and Technological Progress

Sample text

OECD Economic Studies 37. , & Hajkova, D. (2007). Measuring multifactor productivity growth. OECD Science, Technology and Industry Working Papers, 2007/05. World Bank. (2015). World Bank Open Data. 30). Chapter 3 Theoretical and Empirical Analysis of Population and Technological Progress Abstract This chapter confirms the relationship between population growth and technological progress using theoretical and empirical studies. First, we look at some theories of technological progress in terms of population scale and growth.

1 depicts the main productivity measures from the OECD (2001). The OECD (2001) offered an explanation of the productivity definition. As for labor productivity, based on value added, it is defined as the quantity index of value added, divided by the quantity index of labor input. Capital–labor MFP, based on value added, is defined as the quantity index of value added divided by the quantity index of combined labor and capital input, and so on. 6 (2) Independence between TFP and Labor From the above discussions, it can be said that TFP or MFP is a proxy index of technological progress and has an important role in growth accounting.

The fixed-effect model is shown by Eq. 7). 3 Preparation for Empirical Analysis 45 The third method is a random-effect model. It is assumed that the heterogeneity of the cross section is included in part of the disturbance term as shown by Eq. 8). Because the disturbance term contains a peculiar cross section term, heteroskedasticity should be assumed in the model. Therefore, the method of generalized least square (GLS) is used for the estimation. Yit ¼ a þ bXit þ ðvi þ uit Þ ð3:8Þ The model’s application judgment is roughly as follows.

Download PDF sample

An Empirical Analysis of Population and Technological Progress by Hisakazu Kato

by Joseph

Rated 4.11 of 5 – based on 6 votes