Yuriy G. Volkov, Pavel N. Lukichev, Rashid D. Khunagov, Ekaterina V. Kartashevich and Beburi B. Meskhi
The purpose of this research is to relate the pattern of economic growth with demographic data based on the natural population changes.
Abstract
Purpose
The purpose of this research is to relate the pattern of economic growth with demographic data based on the natural population changes.
Design/methodology/approach
The methodological foundation of this research consists in the structural and functional approach to the comprehension of the social system, methods of mathematical simulation of the dynamics of expansion and extension of the ecological niche of population and methodologies that are currently used for calculation of gross domestic product (GDP).
Findings
The research finding consists in the development of the theory of social evolution in the form of horizontal and vertical social differentiation, which is conditional upon the growing production of the excess product, which leads to the simulation of relation between the natural population changes and the production of GDP, expanding the boundaries of the ecological niche.
Research limitations/implications
The relevance of the problem under study is driven by the need for theoretic interpretation of interrelation between the pattern of economic growth and demographic data based on the natural population changes.
Originality/value
The research leads us to the conclusion that there is a functional (for closed societies) and correlative (for open societies) relationship between the GDP growth and natural population changes with the property that the positive or negative population growth depends on the quantity of the total consumed costs (TCC) and its critical values.