04733oam 22011174 450 991078841640332120170918211129.01-4623-5688-51-4527-2392-31-283-51223-81-4519-0817-29786613824684(CKB)3360000000443461(EBL)3014469(SSID)ssj0000940724(PQKBManifestationID)11571964(PQKBTitleCode)TC0000940724(PQKBWorkID)10955747(PQKB)10278577(OCoLC)694141140(NBER)w12038(MiAaPQ)EBC3014469(IMF)WPIEE2006021(EXLCZ)99336000000044346120020129d2006 uf 0engur|n|---|||||txtccrEconomic Transformation, Population Growth, and the Long-Run World Income Distribution /Marcos Chamon, Michael KremerWashington, D.C. :International Monetary Fund,2006.1 online resource (21 p.)IMF Working Papers"January 2006."1-4518-6281-4 Includes bibliographical references.""Contents""; ""I. INTRODUCTION""; ""II. THE MODEL""; ""A. Evolution of the World Population""; ""B. Differences Across Countries""; ""III. A SIMPLE CALIBRATION""; ""IV. CONCLUSION""This paper considers the long-run evolution of the world economy in a model where countries' opportunities to develop depend on their trade with advanced economies. As developing countries become advanced, they further improve trade opportunities for the remaining developing countries. Whether or not the world economy converges to widespread prosperity depends on the population growth differential between developing and advanced economies, the rate at which countries develop, and potentially on initial conditions. A calibration using historical data suggests that the long-run prospects for lagging developing regions, such as Africa, likely hinge on the sufficiently rapid development of China and India.IMF Working Papers; Working Paper ;No. 2006/021Economic geographyEconometric modelsMacroeconomicsimfDemographyimfEmigration and ImmigrationimfDemographic Trends, Macroeconomic Effects, and ForecastsimfEconomic Growth of Open EconomiesimfOne, Two, and Multisector Growth ModelsimfDemographic Economics: GeneralimfInternational MigrationimfPersonal Income, Wealth, and Their DistributionsimfPopulation & demographyimfPopulation & migration geographyimfMigration, immigration & emigrationimfPopulation and demographicsimfPopulation growthimfMigrationimfPersonal incomeimfDemographic changeimfNational accountsimfPopulationimfEmigration and immigrationimfIncomeimfDemographic transitionimfDeveloping countriesCommerceEconometric modelsChina, People's Republic ofimfEconomic geographyEconometric models.MacroeconomicsDemographyEmigration and ImmigrationDemographic Trends, Macroeconomic Effects, and ForecastsEconomic Growth of Open EconomiesOne, Two, and Multisector Growth ModelsDemographic Economics: GeneralInternational MigrationPersonal Income, Wealth, and Their DistributionsPopulation & demographyPopulation & migration geographyMigration, immigration & emigrationPopulation and demographicsPopulation growthMigrationPersonal incomeDemographic changeNational accountsPopulationEmigration and immigrationIncomeDemographic transitionChamon Marcos1090692Kremer Michael485683International Monetary Fund.Research Dept.DcWaIMFBOOK9910788416403321Economic Transformation, Population Growth, and the Long-Run World Income Distribution3802300UNINA