Modified Verhulst-Solow model for long-term population and economic growths
General Economics
2023-08-17 v1 Economics
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.
Keywords
Cite
@article{arxiv.2308.08315,
title = {Modified Verhulst-Solow model for long-term population and economic growths},
author = {Iram Gleriaa and Sergio Da Silvab and Leon Brenig and Tarcısio M. Rocha Filho and Annibal Figueiredo},
journal= {arXiv preprint arXiv:2308.08315},
year = {2023}
}
Comments
28 pages, 9 figures, Preprint Article