A Macroeconomic-Demographic Model for Ethiopia: Specification, Estimation and Simulation
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Date
1991
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Publisher
Initiatives Publishers
Abstract
The population variable was not given due attention by classical and
development economists until the early 1950s. The earliest "economic
demographer", Malthus, tried to show that a high rate of population growth
would eventually lead to a negative marginal product of labour and that this
would, in turn, lead to a high mortality rate. Malthus stated that the equilibrium
between man, capital and land would be retained through what he called positive
and preventive checks
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Citation
Kidane, A., 1991. Macroeconomic demographic model for Ethiopia: specification, estimation and simulation.