 Youth dependency and total factor productivityNo WP-2001-030, MPIDR Working Papers from Max Planck Institute for Demographic Research, Rostock, Germany Abstract: Recent literature shows empirical support for an effect of demographic age structure on economic growth. This literature does not give attention to the possibility that age structure might also have an effect on total factor productivity. Much of the recent literature on economic growth has stressed that an understanding of cross-country differences in output per worker is needed. That literature argues that the most important determinant of international differences in output per worker is differences in total factor productivity. This paper finds empirical evidence in cross-country data for the thesis that the youth dependency ratio (the population below working age divided by the population of working age) reduces ´residual´ growth, which measures total factor productivity growth. For this reason, the paper demonstrates that age structure has an effect on the most important determinant of international differences in output per worker. Keywords: dependency ratio; developing countries; economic growth; young population (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:dem:wpaper:wp-2001-030 DOI: 10.4054/MPIDR-WP-2001-030 Access Statistics for this paper More papers in MPIDR Working Papers from Max Planck Institute for Demographic Research, Rostock, Germany |
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