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The effect of changes in age structure on economic growth has been widely studied in the demography and population economics literature. The beneficial effect of changes in age structure after a decrease in fertility has become known as the "demographic dividend." In this article, we reassess the empirical evidence on the associations among economic growth, changes in age structure, labor force participation, and educational attainment. Using a global panel of countries, we find that after the effect of human capital dynamics is controlled for, no evidence exists that changes in age structure affect labor productivity. Our results imply that improvements in educational attainment are the key to explaining productivity and income growth and that a substantial portion of the demographic dividend is an education dividend. (authors' abstract)

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ePub-WU OAI Archive (Vienna Univ. of Econ. and B.A.)   ePub-WU OAI Archive (Vienna Univ. of Econ. and B.A.)  


Crespo Cuaresma, Jesus -  Lutz, Wolfgang -  Sanderson, Warren - 

Id.: 66611721

Idioma: inglés  - 

Versión: 1.0

Estado: Final

Tipo:  application/pdf - 

Palabras clavedemographic dividend / economic growth / education / age structure / education dividend - 

Tipo de recurso: Article  -  PeerReviewed  - 

Tipo de Interactividad: Expositivo

Nivel de Interactividad: muy bajo

Audiencia: Estudiante  -  Profesor  -  Autor  - 

Estructura: Atomic

Coste: no

Copyright: sí

: Creative Commons: Attribution 4.0 International (CC BY 4.0)

Formatos:  application/pdf - 

Requerimientos técnicos:  Browser: Any - 

Relación: [References] http://link.springer.com/article/10.1007/s13524-013-0245-x
[References] http://link.springer.com/journal/13524
[References] http://www.springer.com/de/open-access/springer-open-choice
[References] http://cordis.europa.eu/project/rcn/90065_en.html
[References] http://epub.wu.ac.at/5147/

Fecha de contribución: 18-oct-2016


* doi: 10.1007/s13524-013-0245-x

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