2026-04-17T00:42:57Zhttps://recercat.cat/oai/request

oai:recercat.cat:2445/1347422025-12-05T04:24:11Zcom_2072_1057col_2072_478809col_2072_478917

00925njm 22002777a 4500 dc Sánchez-Romero, Miguel author Abío, Gemma author Patxot, Concepció author Souto Nieves, Guadalupe author 2019-06-07T08:36:45Z 2019-06-07T08:36:45Z 2018-03 2019-06-07T08:36:45Z The importance of the demographic transition on per-capita income growth was neglected for a long time, mainly because of a myriad of inconsistent correlations between population and economic growth (Kelley 1988).1 It was not until the 1990s, using empirical convergence models à la Barro (1991, 1997), that several scholars were able to better isolate the effect of demography on economic growth (Kelley and Schmidt 1995; Bloom and Williamson 1997, 1998). Their main finding was that demography has a strong and positive effect on economic growth when the working-age population grows faster than the dependent population, known as first demographic dividend. Later on, Kelley and Schmidt (2005) added an important contribution by considering, in their convergence model, that changes in the age distribution of the population (known as the translation component) were likely to affect the productivity of workers (the productivity component). By doing so, they estimated demography to account for 20% of the per-capita income growth worldwide between 1965 and 1990, which was validated for the EU by several scholars (Prskawetz et al. 2007).(...) Creixement econòmic Demografia Esperança de vida Història econòmica Economic growth Demography Life expectancy Economic history Contribution of demography to economic growth