A population-macroeconomic growth model for currently developing countries

Momota, Akira

doi:10.1016/j.jedc.2008.07.001

Cited by 9 publications

(7 citation statements)

References 49 publications

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“…Finally, the macroeconomic cost of redistribution of resources from a more educationally-productive parent to a less educationally-productive parent would continue to outweigh the macroeconomic benefit from TFP enhancement, no matter how large the subsidy is relative to the income of the poor. In this context, it is also noteworthy that Momota (2009) demonstrates how an education subsidy may sometimes decrease the average school enrolment ratio and future economic growth.…”

Section: Proportional Tax With Lump-sum Subsidymentioning

confidence: 99%

Parental nurturing and adverse effects of redistribution

Bandyopadhyay

Tang

2011

J Econ Growth

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Section: Proportional Tax With Lump-sum Subsidymentioning

confidence: 99%

Parental nurturing and adverse effects of redistribution

Bandyopadhyay

Tang

2011

J Econ Growth

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“…Headey and Hodge (2009) analyzed the effect of population growth on country-level economic growth. Momota (2009) developed a theoretical populationmacroeconomic growth model to study the effects of fertility, child education, and education policies on the future economic growth of developing countries. Tang and Abosedra (2014) conducted a panel data analysis on 24 Middle East and North African countries to analyze the impacts of tourism, energy consumption, and political instability on their economic growth.…”

Section: Understanding the Nexus Of Economicmentioning

confidence: 99%

A Novel Methodological Approach to Estimate the Impact of Natural Hazard-Induced Disasters on Country/Region-Level Economic Growth

Mukherjee

Hastak

2017

Int J Disaster Risk Sci

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With the increased frequency of extreme weather events and large-scale disasters, extensive societal and economic losses incur every year due to damage of infrastructure and private properties, business disruptions, fatalities, homelessness, and severe health-related issues. In this article, we analyze the economic and disaster data from 1970 through 2010 to investigate the impact of disasters on country/region-level economic growth. We leveraged a random parameter modeling approach to develop the growth-econometrics model that identifies risk factors significantly influencing the country/region-level economic growth in the face of natural hazard-induced disasters, while controlling for country/region-and time-specific unobserved heterogeneities. We found that disaster intensity in terms of fatalities and homelessness, and economic characteristics such as openness to trade and a government's consumption share of purchasing power parity (PPP), are the significant risk factors that randomly vary for different countries/regions. Other significant factors found to be significant include population, real gross domestic product (GDP), and investment share of PPP converted GDP per capita. We also found that flood is the most devastating disaster to affect country/region-level economic growth. This growth-econometrics model will help in the policy and decision making of governments related to the investment needs for pre-and post-disaster risk mitigation and response planning strategies, to better protect nations and minimize disaster-induced economic impacts.

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“…High schooling cost in developing countries is a well-documented phenomenon often formalized in the notion of indivisibility of educational investment (Deininger 2003;Galor and Ziera 1993;Hazarika 2001;Ljungqvist 1993;McEwan 1999;Momota 2008). The basic idea relates to high private costs of schooling associated with outlays for school materials, transportation, etc.…”

Section: The Modelmentioning

confidence: 99%

Why Does Child Labor Persist With Declining Poverty?

Sarkar

2015

Economic Inquiry

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We develop a dynamic overlapping generations model to highlight the role of income inequality in explaining the persistence of child labor under declining poverty. Differential investment in two forms of human capital-schooling and health-in the presence of inequality gives rise to a nonconvergent income distribution in the steady state characterized by multiple steady states of relative income with varying levels of education, health, and child labor. The child labor trap thus generated is shown to preserve itself despite rising per capita income. Policy recommendations include public provision of education targeted toward reducing schooling costs for the poor or raising the efficacy of public health infrastructure. (JEL I1, J2, O1, O2) * We are grateful to Jakob Madsen, Ranjan Ray, and Pushkar Maitra for their valuable inputs. We also thank Richard Barnett, Uwe Dulleck, Lionel Page, Elena del Rey Canteli, and the seminar participants of Queensland University of Technology, University of Queensland and the 7th

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A population-macroeconomic growth model for currently developing countries

Cited by 9 publications

References 49 publications

Parental nurturing and adverse effects of redistribution

Parental nurturing and adverse effects of redistribution

A Novel Methodological Approach to Estimate the Impact of Natural Hazard-Induced Disasters on Country/Region-Level Economic Growth

Why Does Child Labor Persist With Declining Poverty?

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