ECON 313 Lecture 12: ECON313- Fertility and Population (N)
Document Summary
For example, as we saw in the solow model, high population growth causes capital per capita to decrease. After 1950, the world"s population exploded - the world has never had so many people as it does today. For most of history, population growth was very slow; this did not change until the industrial. Between developed and developing countries, developing countries are producing the greatest number of people (asia and the pacific, mostly) Natural increase (ni): difference between birth rate and the death of a given population. Net international migration (nim): excess of people immigrating to a country over those who emigrate. Rate of population increase = ni + nim. Stage i: high birth rates and death rates. Stage ii: continued high birth rates, declining death rates. Stage iii: falling birthrates and death rates, eventually stabilizing. The causes of high fertility in developing countries.