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Structural instability and alternative development scenarios

Cellarier, Laurent L. / Day, Richard H.

Abstract Many past societies grew and flourished for several generations, and some for many centuries, prior to experiencing calamities that lowered wealth and/or productivity below some “critical levels.” In some cases, a collapse occurred; in others, the population reductions caused by emigration, plague, or warfare not only extended societies’ survival but induced a growth resurgence. These varied historical development scenarios are captured using a comparative dynamic analysis of structurally unstable variations of the Solow–Swan growth model. These results would seem to be relevant for understanding possibilities in the contemporary world.

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Structural instability and alternative development scenarios

Cellarier, Laurent L. / Day, Richard H.

Abstract Many past societies grew and flourished for several generations, and some for many centuries, prior to experiencing calamities that lowered wealth and/or productivity below some “critical levels.” In some cases, a collapse occurred; in others, the population reductions caused by emigration, plague, or warfare not only extended societies’ survival but induced a growth resurgence. These varied historical development scenarios are captured using a comparative dynamic analysis of structurally unstable variations of the Solow–Swan growth model. These results would seem to be relevant for understanding possibilities in the contemporary world.

Structural instability and alternative development scenarios

Cellarier, Laurent L. / Day, Richard H.

Abstract Many past societies grew and flourished for several generations, and some for many centuries, prior to experiencing calamities that lowered wealth and/or productivity below some “critical levels.” In some cases, a collapse occurred; in others, the population reductions caused by emigration, plague, or warfare not only extended societies’ survival but induced a growth resurgence. These varied historical development scenarios are captured using a comparative dynamic analysis of structurally unstable variations of the Solow–Swan growth model. These results would seem to be relevant for understanding possibilities in the contemporary world.

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Title:

Structural instability and alternative development scenarios

Contributors:

Cellarier, Laurent L. (author) / Day, Richard H. (author)

Published in:

Journal of Population Economics ; 24

Publication date:

2009

ISSN:

DOI:

https://doi.org/10.1007/s00148-009-0279-y

Type of media:

Article (Journal)

Type of material:

Print

Language:

English

Keywords:

Bevölkerungsökonomik , Bevölkerungsökonomie , Bevölkerungsstatistik , Bevölkerungstheorie

Classification:

BKL: 74.00 / 74.80 Demographie / 83.31 Wirtschaftswachstum
Local classification FBW: oek 2608

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