The Role of Fertility and Population in Economic Growth: Empirical ResultsFrom Aggregate Cross-National Data / James A. Brander, Steve Dowrick.

By:

Brander, James A

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Material type: Text

TextSeries: Working Paper Series (National Bureau of Economic Research) ; no. w4270.Publication details: Cambridge, Mass. National Bureau of Economic Research 1993.Description: 1 online resource: illustrations (black and white)Subject(s):

O40 - General

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Abstract: Two recently improved sets of cross-country panel data are combined in orderAbstract: to re-examine the effects of population growth and fertility on economicAbstract: growth. Using a 107 country panel data set covering 1960-85, we find thatAbstract: high birth rates appear to reduce economic growth through investment effectsAbstract: and possibly through "capital dilution", although classic resource dilution is notAbstract: evident in the data. Most significantly, however, birth rate declines have aAbstract: strong medium-term positive impact on per capita income growth throughAbstract: labour supply or "dependency" effects.

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February 1993.

Two recently improved sets of cross-country panel data are combined in order

to re-examine the effects of population growth and fertility on economic

growth. Using a 107 country panel data set covering 1960-85, we find that

high birth rates appear to reduce economic growth through investment effects

and possibly through "capital dilution", although classic resource dilution is not

evident in the data. Most significantly, however, birth rate declines have a

strong medium-term positive impact on per capita income growth through

labour supply or "dependency" effects.

Hardcopy version available to institutional subscribers

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