Health, Demographic Transition and Economic Growth

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 survi...

Full description

Bibliographic Details
Main Author:	Jorgensen, Ole Hagen
Format:	Policy Research Working Paper
Language:	English
Published:	2012
Subjects:	ACCESS TO CREDIT ACCESS TO FAMILY PLANNING ADULT HEALTH AGING BUDGET CONSTRAINTS CAPITAL ACCUMULATION CAPITAL FORMATION CAPITAL INVESTMENTS CAPITAL MARKET CAPITAL MARKETS CAPITAL SAVINGS CAPITAL STOCK CAPITAL STOCKS CHILD HEALTH CHILD REARING CHILD SURVIVAL COLLEGE EDUCATION CONSTANT RETURNS TO SCALE CONSUMPTION INCREASES CREDITS DEBT DECLINE IN FERTILITY DECLINES IN MORTALITY DEMOGRAPHIC DEMOGRAPHIC CHANGE DEMOGRAPHIC FACTORS DEMOGRAPHIC TRANSITION DEPENDENCY RATIOS DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPING ECONOMIES DEVELOPMENT CAPITAL DEVELOPMENT ECONOMICS DISCOUNT RATE DIVIDEND ECONOMIC CONSEQUENCES OF POPULATION ECONOMIC DECISIONS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC IMPLICATIONS ECONOMIC OUTCOMES ECONOMIC POLICY ECONOMIC THEORY EQUALITY EXPENDITURE EXTERNALITY FAMILIES FAMILY PLAN FERTILITY FERTILITY DECLINE FERTILITY RATE FERTILITY RATES FEWER BIRTHS FEWER CHILDREN FORMAL ANALYSIS FUTURE RESEARCH GENDER GENDER GAP GROWTH MODELS GROWTH RATE GROWTH THEORY HEALTH INTERVENTIONS HEALTH SECTOR HIGH CHILD MORTALITY HIGH INTEREST RATE HOUSEHOLDS HUMAN CAPITAL IMPACT OF POPULATION IMPACT ON FERTILITY IMPROVEMENTS IN CHILD SURVIVAL INCENTIVE EFFECTS INCREASING RETURNS INSURANCE INTEREST RATE INTERNATIONAL BANK ISOLATION LABOR FORCE LABOR MARKET LABOR SUPPLY LABOUR SUPPLY LDCS LESS DEVELOPED COUNTRIES LESS DEVELOPED ECONOMIES LIFE EXPECTANCY LIVING CONDITIONS LONGER LIFE LONGER LIVES LOW FERTILITY LOWER FERTILITY MARGINAL UTILITY MARGINAL VALUE MICROFINANCE MORTALITY NUMBER OF CHILDREN NUMBER OF WORKERS OLD AGE OLD-AGE OPPORTUNITY COST OPTIMIZATION OUTPUT OUTPUT PER CAPITA OVERLAPPING GENERATIONS MODEL PENSION PENSION CONTRIBUTION PENSION CONTRIBUTIONS PENSION SYSTEM PENSIONS PER CAPITA INCOME PHYSICAL CAPITAL POLICY RESEARCH POLICY RESEARCH WORKING PAPER POLITICAL ECONOMY POPULATION AND DEVELOPMENT POPULATION CHANGE POPULATION DYNAMICS POPULATION MATTERS POPULATION POLICIES POSITIVE EFFECTS PRIVATE INVESTMENTS PRODUCTION FUNCTION PRODUCTION STRUCTURE PRODUCTIVITY PRODUCTIVITY GROWTH PROGRESS PUBLIC HEALTH PUBLIC PENSIONS PUBLIC POLICY RESOURCE ALLOCATION RETIREMENT AGE RURAL AREAS SAVINGS SAVINGS MECHANISM SAVINGS MECHANISMS SAVINGS MOTIVE SAVINGS RATE SECURITY ARRANGEMENT SECURITY ARRANGEMENTS SIBLINGS SOCIAL SECURITY SURVIVAL OF CHILDREN SURVIVAL RATE TAX TAXATION UTILITY FUNCTION WAGES WEALTH WORK EXPERIENCE
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100510133528 http://hdl.handle.net/10986/3790

Description
Summary:	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.

Health, Demographic Transition and Economic Growth

Similar Items