Using the results from Problem 8.1 forecast the birth rate of a country with the characteristics given

Question:

Using the results from Problem 8.1 forecast the birth rate of a country with the characteristics given in Problem 7.9 (see page 254) (point estimate only).


Problem 7.9

From your results for the birth rate model, predict the birth rate for a country with either

(a) GNP equal to $3000,

(b) A growth rate of 3% p.a., 

(c) An income ratio of 7. How does your prediction compare with one using Todaro’s results? Comment.

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