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The Role of Fertility and Population in Economic Growth: Empirical Results from Aggregate Cross-National Data

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  • Brander, James A
  • Dowrick, Steve

Abstract

Two recently improved sets of cross-country panel data are combined in order to re-examine the effects of population growth and fertility on economic growth. Using a 107 country panel data set covering 1960-85, we find that high birthrates appear to reduce economic growth through investment effects and possibly through "capital dilution," although classic resource dilution is not evident in the data. Most significantly, however, birthrate declines have a strong medium-term positive impact on per capita income growth through labour supply or "dependency" effects.

Suggested Citation

  • Brander, James A & Dowrick, Steve, 1994. "The Role of Fertility and Population in Economic Growth: Empirical Results from Aggregate Cross-National Data," Journal of Population Economics, Springer;European Society for Population Economics, vol. 7(1), pages 1-25.
  • Handle: RePEc:spr:jopoec:v:7:y:1994:i:1:p:1-25
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    References listed on IDEAS

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    1. Romer, Paul M, 1986. "Increasing Returns and Long-run Growth," Journal of Political Economy, University of Chicago Press, vol. 94(5), pages 1002-1037, October.
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    JEL classification:

    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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