EconPapers    
Economics at your fingertips  
 

Economic transformation, population growth and the long-run world income distribution

Marcos Chamon () and Michael Kremer

Journal of International Economics, 2009, vol. 79, issue 1, 20-30

Abstract: We present and calibrate a model where trade with advanced economies spurs development, and trade opportunities depend on the relative population in advanced and developing countries. As developing countries become advanced, prospects improve for the remaining developing countries. If population growth differentials between developing and advanced economies are small, economic development accelerates over time. Otherwise, long-run global prosperity requires a sufficiently large initial population in advanced countries. More open countries develop faster, but more openness by all developing countries may only modestly increase their aggregate growth. China's development may hurt developing countries in the short-run, but improves their long-run prospects.

Keywords: Economic; development; International; trade; Population; growth (search for similar items in EconPapers)
Date: 2009
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (18)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0022-1996(09)00064-6
Full text for ScienceDirect subscribers only

Related works:
Working Paper: Economic Transformation, Population Growth, and the Long-Run World Income Distribution (2006) Downloads
Working Paper: Economic Transformation, Population Growth and the Long-Run World Income Distribution (2006) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:inecon:v:79:y:2009:i:1:p:20-30

Access Statistics for this article

Journal of International Economics is currently edited by Gourinchas, Pierre-Olivier and Rodríguez-Clare, Andrés

More articles in Journal of International Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-19
Handle: RePEc:eee:inecon:v:79:y:2009:i:1:p:20-30