Demographic economics

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Demographic economics or population economics is the application of economic analysis to demography, the study of human populations, including size, growth, density, distribution, and vital statistics. [1] [2]



Aspects of the subject include

Other subfields include measuring value of life [53] [54] and the economics of the elderly [55] [56] [57] and the handicapped [58] [59] [60] and of gender, [61] [62] [63] race, minorities, and non-labor discrimination. [64] [65] In coverage and subfields, it complements labor economics [66] [67] and implicates a variety of other economics subjects. [68] [69] [70]


The Journal of Economic Literature classification codes are a way of categorizing subjects in economics. There, demographic economics is paired with labour economics as one of 19 primary classifications at JEL: J. [71] It has eight subareas:

Demographic Trends and Forecasts
Marriage; Marital Dissolution; Family Structure
Fertility; Family Planning; Child Care; Children; Youth
Economics of the Elderly; Economics of the Handicapped
Economics of Minorities and Races; Non-labor Discrimination
Economics of Gender; Non-labor Discrimination
Value of life; Foregone Income
Public Policy

See also



  1. 1 2 3 4 Kelley, Allen C.; Schmidt, Robert M. (2008). "Economic Demography". The New Palgrave Dictionary of Economics. London: Palgrave Macmillan. p. 655. doi:10.1057/9780230226203.0428. ISBN   978-0-333-78676-5.
  2. van Praag, Bernard M. S. (1988). "The notion of population economics". Journal of Population Economics. Vol. 1. pp. 5–16. doi:10.1007/bf00171507. JSTOR   20007247. PMID   12342564.
  3. 1 2 Foster, Andrew (2008). "Marriage Markets". The New Palgrave Dictionary of Economics. London: Palgrave Macmillan. p. 356. doi:10.1057/9780230226203.1044. ISBN   978-0-333-78676-5.
  4. Schultz, T. Paul (2008). "Fertility in Developing Countries". The New Palgrave Dictionary of Economics (PDF). London: Palgrave Macmillan. p. 291. doi:10.1057/9780230226203.0560. ISBN   978-0-333-78676-5.
  5. Galor, Oded (2008). "Economic Growth in the Very Long Run". The New Palgrave Dictionary of Economics (PDF). London: Palgrave Macmillan. p. 685. doi:10.1057/9780230226203.0434. ISBN   978-0-333-78676-5.
  6. Adsera, Alicia (2008). "Fertility in Developed Countries". The New Palgrave Dictionary of Economics. London: Palgrave Macmillan. p. 286. doi:10.1057/9780230226203.0559. ISBN   978-0-333-78676-5.
  7. Montgomery, Mark; Trussell, James (1986). Models of marital status and childbearing. Handbook of Labor Economics. Vol. 1. pp. 205–71. doi:10.1016/S1573-4463(86)01006-4. ISBN   978-0-444-87856-4.
  8. Galor, Oded (2005). "The Demographic Transition and the Emergence of Sustained Economic Growth" (PDF). Journal of the European Economic Association. 3 (2–3): 494–504. doi:10.1162/jeea.2005.3.2-3.494. hdl: 10419/80187 . JSTOR   40004992.
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  11. Ermisch, John (2008). "Family Economics". The New Palgrave Dictionary of Economics. London: Palgrave Macmillan. p. 260. doi:10.1057/9780230226203.0550. ISBN   978-0-333-78676-5.
  12. Ermisch, John (2003). An Economic Analysis of the Family . Princeton: Princeton University Press. ISBN   978-0-691-09667-4.[ page needed ]
  13. Becker, Gary S. (2008). "Family". The New Palgrave Dictionary of Economics. London: Palgrave Macmillan. p. 1. doi:10.1057/9780230226203.2528. ISBN   9780333786765.
  14. Becker, Gary S. (1991) [1981]. A Treatise on the Family. Cambridge, MA: Harvard University Press. ISBN   978-0-674-90698-3.[ page needed ]
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  18. Weiss, Yoram (2008). "Marriage and Divorce". The New Palgrave Dictionary of Economics. London: Palgrave Macmillan. p. 347. doi:10.1057/9780230226203.1043. ISBN   978-0-333-78676-5.
  19. Lehrer, Evelyn L.; Chiswick, Carmel U. (August 1993). "Religion as a Determinant of Marital Stability". Demography. 30 (3): 385–404. doi: 10.2307/2061647 . JSTOR   2061647. PMID   8405605.
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  22. Vaupel, James W.; Von Kistowski, Kristín G.; Rau, Roland (2008). "Mortality". The New Palgrave Dictionary of Economics. London: Palgrave Macmillan. p. 781. doi:10.1057/9780230226203.1141. ISBN   978-0-333-78676-5.
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  28. Ioannides, Yannis M.; Rossi-Hansberg, Esteban (2008). "Urban Growth". The New Palgrave Dictionary of Economics. London: Palgrave Macmillan. p. 544. doi:10.1057/9780230226203.1772. ISBN   978-0-333-78676-5.
  29. Walker, James R. (2008). "Internal Migration". The New Palgrave Dictionary of Economics. London: Palgrave Macmillan. p. 421. doi:10.1057/9780230226203.0824. ISBN   978-0-333-78676-5.
  30. Borjas, George J. (2008). "International Migration". The New Palgrave Dictionary of Economics. p. 453. doi:10.1057/9780230226203.0830. ISBN   978-0-333-78676-5.
  31. Lee, Ronald D. (2008). "Population Dynamics". The New Palgrave Dictionary of Economics. London: Palgrave Macmillan. p. 512. doi:10.1057/9780230226203.1309. ISBN   978-0-333-78676-5.
  32. Galor, Oded (2008). "Human Capital, Fertility and Growth". The New Palgrave Dictionary of Economics (PDF). London: Palgrave Macmillan. p. 109. doi:10.1057/9780230226203.0755. ISBN   978-0-333-78676-5.
  33. Galor, Oded; Weil, David N. (September 2000). "Population, Technology, and Growth: From Malthusian Stagnation to the Demographic Transition and beyond". The American Economic Review. 90 (4): 806–28. CiteSeerX . doi:10.1257/aer.90.4.806. JSTOR   117309.
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  35. Kelley, Allen C. (1988). "Economic Consequences of Population Change in the Third World". Journal of Economic Literature. December (4): 1685–728. JSTOR   2726858.
  36. Brander, James A.; Dowrick, Steve (1994). "The role of fertility and population in economic growth". Journal of Population Economics. 7 (1): 1–25. doi:10.1007/BF00160435. PMID   12287546. S2CID   20943767.
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  38. Dasgupta, Partha (December 1995). "The Population Problem: Theory and Evidence". Journal of Economic Literature. 33 (4): 1879–902. JSTOR   2729316.
  39. Arrow, K.; Bolin, B.; Costanza, R.; Dasgupta, P.; Folke, C.; Holling, C. S.; Jansson, B.-O.; Levin, S.; Mäler, K.-G.; Perrings, C.; Pimentel, D. (1995). "Economic Growth, Carrying Capacity, and the Environment". Science. 268 (5210): 520–1. Bibcode:1995Sci...268..520A. doi:10.1126/science.268.5210.520. PMID   17756719.
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  42. Currie, Janet (2008). "Child Health and Mortality". The New Palgrave Dictionary of Economics. London: Palgrave Macmillan. p. 769. doi:10.1057/9780230226203.0228. ISBN   978-0-333-78676-5.
  43. National Research Council (1986). Population Growth and Economic Development: Policy Questions . National Academies Press. ISBN   978-0-309-03641-2.[ page needed ]
  44. Theodore W. Schultz, 1981. Investing in People: The Economics of Population Quality, University of California Press. Description and chapter-preview links.
  45. Sen, Amartya (1995). "Authoritarianism versus Cooperation" (PDF). International Lecture Series on Population Issues. John D. and Catherine T. MacArthur Foundation. Archived from the original (PDF) on 2016-06-23. Republished as Sen, Amartya (1997). "Population policy: Authoritarianism versus cooperation". Journal of Population Economics. 10 (1): 3–22. doi:10.1007/s001480050029. JSTOR   20007525. S2CID   154992419.
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  47. Samuelson, Paul A. (December 1958). "An Exact Consumption-Loan Model of Interest with or without the Social Contrivance of Money". Journal of Political Economy. 66 (6): 467–82. doi:10.1086/258100. JSTOR   1826989. S2CID   153586213.
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  51. Mosk, Carl (2008). "Historical Demography". The New Palgrave Dictionary of Economics. London: Palgrave Macmillan. p. 38. doi:10.1057/9780230226203.0738. ISBN   978-0-333-78676-5.
  52. Lee, Ronald D. (2008). "Demographic Transition". The New Palgrave Dictionary of Economics. London: Palgrave Macmillan. p. 433. doi:10.1057/9780230226203.0374. ISBN   978-0-333-78676-5.
  53. Kip Viscusi, W. (2008). "Value of Life". The New Palgrave Dictionary of Economics. London: Palgrave Macmillan. p. 586. doi:10.1057/9780230226203.1784. ISBN   978-0-333-78676-5.
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  61. Galor, Oded; Weil, David N. (June 1996). "The Gender Gap, Fertility, and Growth". The American Economic Review. 86 (3): 374–87. JSTOR   2118202.
  62. Jacobsen, Joyce P. (2008), "gender roles and division of labour", in Durlauf, Steven N.; Blume, Lawrence E. (eds.), The new Palgrave dictionary of economics (2nd ed.), Basingstoke, Hampshire New York: Palgrave Macmillan, p. 582, ISBN   9780333786765. Also available online.
  63. Jacobsen, Joyce P. (2007). The economics of gender (3rd ed.). Malden, Massachusetts: Blackwell Publishing. ISBN   9781405161824.
  64. Sowell, Thomas (1975). Race and Economics. McKay.[ page needed ]
  65. Sowell, Thomas (1995). Race and Culture: A World View . Basic Books. ISBN   978-0-465-06797-8.
  66. JEL classification codes#Labor and demographic economics JEL: J Subcategories.
  67. Labor and Demographic Economics: Demographic Economics, NBER Working Paper abstract links from the National Bureau of Economic Research.
  68. Assaf Razin and Efraim Sadka, 1996. Population Economics. MIT Press. Description & chapter previews.
  69. Rosenzweig, Mark R.; Stark, Oded (1997). "Introduction: Population and family economics". Handbook of Population and Family Economics. Vol. 1. p.  1. doi:10.1016/S1574-003X(97)80018-9. ISBN   9780444826459.
  70. Search of The New Palgrave Dictionary of Economics Online, "population OR demography".
  71. Of which a complete list for JEL: J with corresponding Wikipedia links is at JEL classification codes#Labor and demographic economics JEL: J Subcategories.

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"Ageing Populations," pp. 1-3, by Robert L. Clark
"Declining Population," pp. 10-15, by Robin Barlow
"Demographic Transition," pp. 16-23, by Ansley J. Coale
"Extended Family," pp. 58-63, by Oliva Harris
"Family," pp. 65-76, by Gary S. Becker
"Fertility," pp.77-89, by Richard A. Easterlin
"Gender," pp. 95-108, by Francine D. Blau
"Race and Economics," pp. 215-218, by H. Stanback
"Value of Life," pp.289-76, by Thomas C. Schelling