Preventing plunder: Military technology, capital accumulation, and economic growth

Hendrickson, Joshua R.; Salter, Alexander William; Albrecht, Brian C.

doi:10.1016/j.jmacro.2018.08.004

Cited by 42 publications

(4 citation statements)

References 35 publications

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“…Wealth is endogenous to the ability to defend it. Societies that accumulate wealth become more attractive as objects of predation (Hendrickson et al 2018;. Predation is ultimately an economic activity, and the prevalence of "raiding" compared to "trading" depends on the net payoffs of each (Hirshleifer 2001).…”

Section: Coercive Capacitymentioning

confidence: 99%

The Medieval Constitution of Liberty

Young¹,

Salter²

2023

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Lauren, for her dedication as a spouse and mother. (You, Rowan, and Ainsley are my inspiration!) Luna, Claire, and Sage, their mischievous Havanese, also deserve kudos (and treats!). Andy thanks his wife, Kaylee, for her constant love and support. (I am better in everything I do because you are with me.) He also acknowledges the "moral support" of Simba, Sophie, Sookie, and Cha Cha: they are always happy to see him at the end of the day (even if they don't quite appreciate what he's been working on).1. Bolt et al.

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Section: Coercive Capacitymentioning

confidence: 99%

The Medieval Constitution of Liberty

Young¹,

Salter²

2023

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“…Economic growth is one of the rock stones that studies hit; many studies examined the impact of several factors on economic growth, such factors as capital (Hendrickson et al, 2018), the savings rate (Uddin et al, 2016), the population growth rate (Bucci et al, 2018), environmental interactions (Gürlük, 2019), political turmoil (Barro,1991), human development (Costantini and Monni, 2008), human capital investment (Chen and Fang, 2018;Haini, 2019), industrial pollutions (Gürlük, 2009), stock market liquidity (Rousseau and Wachtel, 2000), corruption (Mauro, 1995), trade and energy (Vivek andChapman, 1998), country's culture (Baker, 2000) and a religion (Weber, 1930).…”

Section: Previous Empirical Studiesmentioning

confidence: 99%

The Impact of Population Aging on Economic Growthin Asian Countries

Ali¹,

Eng²

2023

IJEBA

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Purpose:The purpose of this study is to examine the impact of population aging on economic growth. This paper forecasts the impact of population aging (demographic changes) on economic growth (measured by labor supply, household savings, and labor productivity) in three countries China, Japan, and Malaysia. Design/methodology/approach: Data from 1990 to 2018 is used in this study. Interestingly, findings suggest that the older the population, the greater the negative impact on the economy. Findings: The results show that population aging has a negative effect on labor supply and labor productivity in the three countries. Surprisingly, the impact of population aging on house saving is negative in Japan and Malaysia but positive in China. Practical implementation:The results of this study may benefit the economists and governments regulators in these three Asian countries-China, Japan, and Malaysia-to overcome the population aging problem in the early stages by investigating the causing of these demographic changes that will negatively affect the economic position in each of these countries. Originality value:The research refers to the aging problem in China, Japan and Malaysia and how this problem may affect the economic growth in these countries.

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“…The theory of endogenous growth asserts that an economy can drive sustained growth without relying on external forces; according to that theory, endogenous technological progress is the determining factor that ensures sustained economic growth (Adak, 2015;Freire, 2019). The Solow growth model (Durlauf, Kourtellos, & Minkin, 2001) and the exogenous economic growth model have been put forward, and various factors thought to affect economic growth include capital (Hendrickson, Salter, & Albrecht, 2018), labor (Auzina-Emsina, 2014), the savings rate (Uddin, Alam, & Gow, 2016), the population growth rate (Bucci & Moritz M€ uller, 2018), and the technological progress rate (Alani, 2012).…”

Section: Economic Growth and Its Influencing Factorsmentioning

confidence: 99%

Aging and economic growth: is there a role for a two-child policy in China?

Liu

2020

Economic Research-Ekonomska Istraživanja

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The current study seeks to determine the type of population policy China should implement to effectively promote economic growth, especially in the context of its aging population. Using multiagent simulation technology, I integrate the two-child policy into a complex model featuring population, resources, and economic growth. My simulation results indicate that under the constraining effect of aging on economic growth, the implementation of a two-child policy alone could promote economic growth, albeit in a limited fashion: it would be more economically advantageous to combine a two-child policy with policy that promotes human capital growth. These findings provide new evidence regarding the relationship between population aging and economic growth. It is insufficient to emphasize only a liberalization of birth restrictions and promote population growth: rather, a combination of various policies would be more successful. A cluster of policies that aim to increase both fertility and investment in human capital can effectively curb economic recession otherwise caused by an aging population, and such a policy cluster could concurrently increase the supply of new labor and improve skills that appreciate with age.

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Preventing plunder: Military technology, capital accumulation, and economic growth

Cited by 42 publications

References 35 publications

The Medieval Constitution of Liberty

The Medieval Constitution of Liberty

The Impact of Population Aging on Economic Growthin Asian Countries

Aging and economic growth: is there a role for a two-child policy in China?

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