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

  • Paul Beaudry
  • Fabrice Collard

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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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. Acemoglu, Daron, 1996. "Changes in Unemployment and Wage Inequality: An Alternative Theory and Some Evidence," CEPR Discussion Papers 1459, C.E.P.R. Discussion Papers.
  2. anonymous, 1995. "Does the bouncing ball lead to economic growth?," Regional Update, Federal Reserve Bank of Atlanta, issue Jul, pages 1-2, 4-6.
  3. repec:tpr:qjecon:v:107:y:1992:i:2:p:407-37 is not listed on IDEAS
  4. Xavier Sala-i-Martin, 1995. "Transfers, social safety nets and economic growth," Economics Working Papers 139, Department of Economics and Business, Universitat Pompeu Fabra.
  5. Bresnahan, Timothy F. & Trajtenberg, M., 1995. "General purpose technologies 'Engines of growth'?," Journal of Econometrics, Elsevier, vol. 65(1), pages 83-108, January.
  6. Robert J. Barro, 1995. "Inflation and Economic Growth," NBER Working Papers 5326, National Bureau of Economic Research, Inc.
  7. 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.
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