Demographic change and regional convergence in Canada
Vadim Kufenko () and
Klaus Prettner ()
LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library
We examine the role of demographic change for regional convergence in living standards in Canada. Due to economies of scale within a family, decreasing household size has an impact on convergence in living standards, while per capita income convergence remains unaffected. We find that, by relying on per capita income, the dispersion of living standards between Canadian regions is overestimated prior to the 1990s and underestimated thereafter. As a consequence, relying on income per capita results in overestimating the speed of convergence in living standards.
Keywords: Regional convergence; living standards; demographic change; household size; Canadian Economic History (search for similar items in EconPapers)
JEL-codes: J1 O4 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-age and nep-ure
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Published in Economics Bulletin, 5, October, 2016, 36(4), pp. 1904-1910. ISSN: 1545-2921
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Journal Article: Demographic change and regional convergence in Canada (2016)
Working Paper: Demographic change and regional convergence in Canada (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:68999
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