How South Korea Escaped from the Malthusian Trap: Evidence from the Galor-Weil Model

• 발행기관: 서울대학교 경제연구소
• 저자명: İbrahim Bakırtaş Emre Yardımcı
• 간행물 정보: 『Seoul Journal of Economics』Volume 37 No.4, 215~242쪽, 전체 28쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2024.11.30

국문 초록

This study analyzes how South Korea escaped the Malthusian trap using the Galor-Weil (2000) model. This study contributes to the literature on two points. First, it categorizes the education that enables quantity-quality tradeoffs into secondary and tertiary education. Second, this model was analyzed for the first time in South Korea. According to the empirical findings, education reduces fertility and mortality rates, but tertiary education is necessary for technological progress. South Korean society has changed its structure from quantity to quality and escaped the Malthusian trap as a consequence of its education policies.

목차

I. Introduction

II. THEORETICAL BACKGROUND

III. DATA AND METHODOLOGY

IV. ANALYSIS RESULTS

V. CONCLUSION

References

키워드

Malthusian Trap Quantity-Quality tradeoff Economic Growth