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Recent Technological and Economic Change among Industrialized Countries: Insights from Population Growth

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  • Paul Beaudry
  • Fabrice Collard

Abstract

Cross-country observations on the effects of population growth are used to show why differences in rates of growth in working-age population may be a key to understanding differences in economic performance across industrialized countries over the period 1975-1997 versus 1960-1974. In particular, we argue that countries with lower rates of adult population growth adopted new capital-intensive technologies more quickly than their high population growth counterparts, therefore allowing them to reduce their work time without deterioration of growth in output-per-adult. Copyright The editors of the "Scandinavian Journal of Economics", 2003 .

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Bibliographic Info

Article provided by Wiley Blackwell in its journal The Scandinavian Journal of Economics.

Volume (Year): 105 (2003)
Issue (Month): 3 (09)
Pages: 441-464

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Handle: RePEc:bla:scandj:v:105:y:2003:i:3:p:441-464

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  1. N. Gregory Mankiw & David Romer & David N. Weil, 1990. "A Contribution to the Empirics of Economic Growth," NBER Working Papers 3541, National Bureau of Economic Research, Inc.
  2. Paul Beaudry & David A. Green, 2002. "Population Growth, Technological Adoption, and Economic Outcomes in the Information Era," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 5(4), pages 749-774, October.
  3. David N. Weil, 1996. "Appropriate Technology and Growth," Working Papers 96-24, Brown University, Department of Economics.
  4. Acemoglu, D., 1996. "Changes in Unemployment and Wage Inequality: An Alternative Theory and Some Evidence," Working papers 96-15, Massachusetts Institute of Technology (MIT), Department of Economics.
  5. Trajtenberg, M. & Bresnahan, T.F., 1992. "General Purpose Technologies: "Engines of Growth"," Papers 16-92, Tel Aviv.
  6. Francesco Caselli, 1999. "Technological Revolutions," American Economic Review, American Economic Association, vol. 89(1), pages 78-102, March.
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Cited by:
  1. Colantonio Emiliano & D'Angelo Francesca & Odoardi Iacopo & Scamuffa Domenico, 2010. "Internationalization And Innovation: The Challenges For Europe In A Changing World," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(2), pages 214-219, December.
  2. Biehl, Kai & Fent, Thomas, 2007. "Vorausschätzungen für die Entwicklung der Gesamtbevölkerung und der Beschäftigung in Österreich bis 2035
    [Projections of the Development of Population and Employment in Austria until 2035]
    ," MPRA Paper 2877, University Library of Munich, Germany.
  3. Ross Guest, 2013. "Population Ageing and Productivity: Implications and Policy Options for New Zealand," Treasury Working Paper Series 13/21, New Zealand Treasury.
  4. Paul Beaudry & Fabrice Collard & David A. Green, 2005. "Explaining Productivity Growth: The Role of Demographics," International Productivity Monitor, Centre for the Study of Living Standards, vol. 10, pages 45-58, Spring.

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