A Macroeconomic-Demographic Model for Ethiopia: Specification, Estimation and Simulation

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Initiatives Publishers

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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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http://hdl.handle.net/20.500.11810/2846

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Department of Economics