Health, demographic transition and economic growth
Ole Hagen Jorgensen
No 5304, Policy Research Working Paper Series from The World Bank
Abstract:
This paper develops a link between four central components of the demographic transition: survival rates; fertility decisions; altruistic intergenerational transfers from workers toward their parents; and economic growth. An increase in child survival is found to reduce the fertility rate and altruistic transfers, and thereby increase the savings rate and the productivity growth rate. The analysis illustrates the key role of child health in the demographic transition.
Keywords: Population Policies; Economic Theory&Research; Emerging Markets; Access to Finance; Health Monitoring&Evaluation (search for similar items in EconPapers)
Date: 2010-05-01
New Economics Papers: this item is included in nep-age, nep-dev and nep-hea
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Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbrwps:5304
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