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The Contribution of Population Health and Demographic Change to Economic Growth in China and India.

Abstract:

We find that a cross-country model of economic growth successfully tracks the growth takeoffs in China and India. The major drivers of the predicted takeoffs are improved health, increased openness to trade, and a rising labor force-to-population ratio due to fertility decline. We also explore the effect of the reallocation of labor from low-productivity agriculture to the higher-productivity industry and service sectors. Including the money value of longevity improvements in a measure of ful...

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Publication status:
Published

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Publisher copy:
10.1016/j.jce.2009.11.002

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Journal:
Journal of comparative economics More from this journal
Volume:
38
Issue:
1
Pages:
17-33
Publication date:
2010-03-01
DOI:
EISSN:
1095-7227
ISSN:
0147-5967
Language:
English
Keywords:
Pubs id:
pubs:162450
UUID:
uuid:89a23da7-e148-4686-9d05-81098d621634
Local pid:
pubs:162450
Source identifiers:
162450
Deposit date:
2012-12-19

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