An Empirical Analysis of Population and Technological Progress

"An empirical analysis of population and technological progress" offers a comprehensive examination of the relationship between population factors and technological advancement, particularly in the context of the Japanese economy. Given the challenges posed by a declining population, the book explores whether Japan can maintain sustainable economic growth. The author, Hisakazu Kato, analyzes the role of technological progress, which is viewed as a crucial factor for future growth. By considering innovations and the enhancement of the quality of human and physical capital, the importance of productivity improvement is emphasized. The book summarizes various theoretical approaches, from classical Malthusian models to modern endogenous growth models, and provides a quantitative analysis of the relationship between population and technological progress using country-based panel data.