Endogenous fertility and human capital in a Schumpeterian growth model

doi:10.1007/s00148-012-0433-9

CORC > 上海财经大学 > 上海财经大学

	Endogenous fertility and human capital in a Schumpeterian growth model
	Chu, Angus C.1,4; Cozzi, Guido 1; Liao, Chih-Hsing 2,3
刊名	JOURNAL OF POPULATION ECONOMICS
	2013-01
卷号	26 期号:1 页码:181-202
关键词	Economic growth Endogenous fertility Patent policy
ISSN号	0933-1433
DOI	10.1007/s00148-012-0433-9
英文摘要	This study develops a scale-invariant Schumpeterian growth model with endogenous fertility and human capital accumulation. The model features two engines of long-run economic growth: R&D-based innovation and human capital accumulation. One novelty of this study is endogenous fertility, which negatively affects the growth rate of human capital. Given this growth-theoretic framework, we characterize the dynamics of the model and derive comparative statics of the equilibrium growth rates with respect to structural parameters. As for policy implications, we analyze how patent policy affects economic growth through technological progress, human capital accumulation, and endogenous fertility. In summary, we find that strengthening patent protection has (a) a positive effect on technological progress, (b) a negative effect on human capital accumulation through a higher rate of fertility, and (c) an ambiguous overall effect on economic growth.
WOS研究方向	Demography ; Business & Economics
语种	英语
出版者	SPRINGER
WOS记录号	WOS:000310323600008
内容类型	期刊论文
源URL	[http://10.2.47.112/handle/2XS4QKH4/2065]
专题	上海财经大学
通讯作者	Chu, Angus C.
作者单位	1.Univ Durham, Durham Business Sch, Durham, England; 2.Acad Sinica, Inst Econ, Taipei 115, Taiwan; 3.Natl Chengchi Univ, Dept Econ, Taipei 11623, Taiwan; 4.Shanghai Univ Finance & Econ, Sch Econ, Shanghai, Peoples R China
推荐引用方式 GB/T 7714	Chu, Angus C.,Cozzi, Guido,Liao, Chih-Hsing. Endogenous fertility and human capital in a Schumpeterian growth model[J]. JOURNAL OF POPULATION ECONOMICS,2013,26(1):181-202.
APA	Chu, Angus C.,Cozzi, Guido,&Liao, Chih-Hsing.(2013).Endogenous fertility and human capital in a Schumpeterian growth model.JOURNAL OF POPULATION ECONOMICS,26(1),181-202.
MLA	Chu, Angus C.,et al."Endogenous fertility and human capital in a Schumpeterian growth model".JOURNAL OF POPULATION ECONOMICS 26.1(2013):181-202.