Zhu, Xi; Whalley, John; Zhao, Xiliang - In: Economic Modelling 40 (2014) C, pp. 275-283
We suggest that the demographic changes caused by the one child policy (OCP) may not harm China's long-term growth. This is because of the higher human capital accumulation induced by the intergenerational transfer arrangements under China's poor-functioning formal social security system....