Publication: Health, Demographic Transition and Economic Growth
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2010-05-01
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2010-05-01
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This paper develops a link between four central components of the demographic transition: survival rates; fertility decisions; altruistic intergenerational transfers from workers toward their parents; and economic growth. An increase in child survival is found to reduce the fertility rate and altruistic transfers, and thereby increase the savings rate and the productivity growth rate. The analysis illustrates the key role of child health in the demographic transition.
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“Jorgensen, Ole Hagen. 2010. Health, Demographic Transition and Economic Growth. Policy Research working paper ; no. WPS 5304. © World Bank. http://hdl.handle.net/10986/3790 License: CC BY 3.0 IGO.”
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