A stochastic version of the Malthusian Trap Model: consequences for the empirical relationship between economic growth and population growth in LDC's.

@article{Blanchet1988ASV,
  title={A stochastic version of the Malthusian Trap Model: consequences for the empirical relationship between economic growth and population growth in LDC's.},
  author={Didier Blanchet},
  journal={Mathematical population studies},
  year={1988},
  volume={1 1},
  pages={79-99}
}
A stochastic version of the Malthusian trap model relating the growth rate of income per capita to the population growth rate of a given country is described. This model is applied to the a priori evaluation of the cross-sectional correlation between these 2 growth rates under 2 additional assumptions: 1) the relations in the model at national levels include country-specific and time-invariant random components, and 2) these growth rates are measured with a certain degree of temporal… CONTINUE READING