Youth Dependency, Technological Progress, and Economic Development
Akira Yakita
Chapter Chapter 11 in Population Aging, Fertility and Social Security, 2017, pp 153-180 from Springer
Abstract:
Abstract In this chapter, assuming that R&D activities need more resources in order to sufficiently improve the quality of intermediate goods to be combined with higher labor abilities in production, we show that a negative relationship between total-factor-productivity (TFP) growth and youth dependency, demonstrated by Kögel (J Dev Econ 76(1):147–173, 2005) using cross-country data, does not necessarily obtain over the development process, especially in earlier stages of economic development.
Keywords: Human Capital; Total Factor Productivity; Intermediate Good; Total Factor Productivity Growth; Human Capital Accumulation (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:spr:popchp:978-3-319-47644-5_11
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DOI: 10.1007/978-3-319-47644-5_11
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