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Modified Verhulst-Solow model for long-term population and economic growths

Authors :
Gleriaa, Iram
Da Silvab, Sergio
Brenig, Leon
Filho, Tarcısio M. Rocha
Figueiredo, Annibal
Publication Year :
2023

Abstract

In this study, we analyze the relationship between human population growth and economic dynamics. To do so, we present a modified version of the Verhulst model and the Solow model, which together simulate population dynamics and the role of economic variables in capital accumulation. The model incorporates support and foraging functions, which participate in the dynamic relationship between population growth and the creation and destruction of carrying capacity. The validity of the model is demonstrated using empirical data.<br />Comment: 28 pages, 9 figures, Preprint Article

Subjects

Subjects :
Economics - General Economics

Details

Database :
arXiv
Publication Type :
Report
Accession number :
edsarx.2308.08315
Document Type :
Working Paper