A Model of Demographic and Economic Processe Interaction

Nicholas Olenev and Dmitry Sarancha
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Dmitry Sarancha: Dorodnicyn Computing Centre of the Russian Academy of Sciences

Labor and Demography from University Library of Munich, Germany

Abstract: This paper gives a description of fertility influence on education level of population and its well-being. We carry out the consideration by a demographic model keeping age structure. We suppose that (i) a part of GDP ia used for investment in education, (ii) the production level depends on the education level, and (iii) the pollution ia directly prportional to the size of population. We are carrying on research on the dependence of average consumption on demographic structure of the population for an industrialised economy. in the model each age group of population has different skilled level determined by education and different level of potential labour productivity. The education level is complitly determined by education expenditures. We have found the relation between the value of average consumption of population and the children adults ratio, share of education expenditures in GDP. We have found that yhe quality of life can be improved by descrease of the population size not only ecologically but also economically.

Keywords: education level; skilled labour; fertility; well-being; age group; pollution; ecology; ndustrialised economy; quality of life; population size (search for similar items in EconPapers)
JEL-codes: I20 I30 J10 J40 O11 (search for similar items in EconPapers)
Pages: 10 pages
Date: 2003-09-16
New Economics Papers: this item is included in nep-edu
Note: Type of Document - Acrobat PDF; prepared on tex; to print on HP; pages: 10 ; figures: included
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Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpla:0309006

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