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...

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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

id	okr-10986-3790
recordtype	oai_dc
spelling	okr-10986-37902021-04-23T14:02:12Z Health, Demographic Transition and Economic Growth Jorgensen, Ole Hagen 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 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. 2012-03-19T18:39:52Z 2012-03-19T18:39:52Z 2010-05-01 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 English Policy Research working paper ; no. WPS 5304 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper The World Region The World Region
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	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
spellingShingle	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 Jorgensen, Ole Hagen Health, Demographic Transition and Economic Growth
geographic_facet	The World Region The World Region
relation	Policy Research working paper ; no. WPS 5304
description	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.
format	Publications & Research :: Policy Research Working Paper
author	Jorgensen, Ole Hagen
author_facet	Jorgensen, Ole Hagen
author_sort	Jorgensen, Ole Hagen
title	Health, Demographic Transition and Economic Growth
title_short	Health, Demographic Transition and Economic Growth
title_full	Health, Demographic Transition and Economic Growth
title_fullStr	Health, Demographic Transition and Economic Growth
title_full_unstemmed	Health, Demographic Transition and Economic Growth
title_sort	health, demographic transition and economic growth
publishDate	2012
url	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
_version_	1764388366036500480

Health, Demographic Transition and Economic Growth

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