Population, ressources naturelles et droits de propriété

Abstract

In this paper, we analyze the theoretical link between the available stock of natural resource and the population within the framework of a growth model with endogenous fertility decisions. We consider that human being is an accumulable production factor which, combined with the natural resource, produces an homogeneous good. In this framework, we show that, if the property rights are well defined, the steady state is characterized by a higher per capita consumption and a lower population level.