The relationship between trade patterns and economic growth in negative population growth economies

2015 Fiscal Year Final Research Report

• Project/Area Number: 25380295
• Research Category: Grant-in-Aid for Scientific Research (C)
• Allocation Type: Multi-year Fund
• Section: 一般
• Research Field: Economic policy
• Research Institution: Kyoto University
• Principal Investigator: Sasaki Hiroaki 京都大学, 経済学研究科(研究院), 教授 (70534840)
• Project Period (FY): 2013-04-01 – 2016-03-31
• Keywords: 経済成長 / 国際貿易 / 人口減少

Outline of Final Research Achievements

This study investigates the relationship between trade patterns and economic growth in an economy with negative population growth. This study analyzes the following two cases. In one case, a small open economy (the home) trades with the large rest of the world. In the other case, a large home country trades with a large foreign country. Depending on the sizes of the population growth rates of the home and the foreign, long run possible trade patterns are determined. In addition, under those possible trade patterns, long run growth rates of per capita income are positive even though the population growth rates are negative. This results suggest that the fact that population growth is negative does not necessarily lead to the slow down of economic growth.

Free Research Field

経済成長理論