Fertility, Human Capital, and Macroeconomic Performance: Long-Term Interactions and Short-Run Dynamics - Economic Research Forum (ERF)

Fertility, Human Capital, and Macroeconomic Performance: Long-Term Interactions and Short-Run Dynamics

Ali Darrat and Darwish Yousef


Date:
February, 2003

NO.
0301

Length:
32 pages

Topic:
E6. Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
I3. Welfare, Well-Being, and Poverty

Literature suggests that a fruitful inquiry into the fertility/ economic development nexus should focus not on whether these two variables are correlated over time or across countries. The emphasis should instead be on the pattern of directional causality between them. Thus, simple statistical associations in most previous studies in this area are inadequate to identify the cause-and-effect relationship between population size and economic growth. Consequently, a central objective of this empirical paper is to take a fresh look at the casual link between fertility and economic growth. Moreover, our paper aspires to make two additional contributions. First, in studying the relation between fertility and economic development, it seems that the dimension of human capital (educational attainment) should not be ignored. Established theoretical reasoning suggests that human capital influences demography as well as economic growth.

Research Fellows

Ali Darrat

Professor in Finance, Louisiana Tech University, USA


Darwish Yousef


Project

EVENTS

There are no Events PAST



Related Publications

Related Publications Not Data