کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
5067175 | 1372573 | 2011 | 19 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Does demographic change matter for growth?
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کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد و اقتصادسنجی
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چکیده انگلیسی
How important is the demographic transition for economic growth? To answer this question, this paper constructs a general equilibrium overlapping generations model with endogenous fertility. The model is calibrated to data from Taiwan, a country that experienced rapid economic growth while undergoing significant demographic transition. Our results suggest that more than one-third of the output growth in Taiwan during the past four decades can be attributed to demographic transition, while TFP growth explains another third and the remainder is mainly due to skill-biased technological progress. Our results show that demographic change is an important driver of the growth process in countries undergoing rapid fertility decline.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: European Economic Review - Volume 55, Issue 5, June 2011, Pages 659-677
Journal: European Economic Review - Volume 55, Issue 5, June 2011, Pages 659-677
نویسندگان
Pei-Ju Liao,