POPULATION AND ECONOMIC GROWTH

By Simon Kuznets. 2016

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MODERN economic growth, as revealed by the experience of the developed countries since the late eighteenth or early nineteenth century, reflects a continuing capacity to supply a growing population with an increased volume of commodities and services per capita. The increase in both population and per capita product is not the unique feature of recent growth: even in pre-modern times the population of several countries grew and enjoyed a rising per capita product. The distinctive features of modern economic growth are the extremely high rates of increase-at least five times as high for population and at least ten times as high for per capita product as in the observable past.' Both high rates of increase imply rapid

Subfields: Economics and Econometrics, Sociology and Political Science

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