Choudhry, Misbah T.; Elhorst, J. Paul - In: Economic Systems 34 (2010) 3, pp. 218-236
The authors of this paper adopt a Solow-Swan model extended to include demographic variables to analyze the overall effect of demographic transition on economic growth. The results, based on data from seventy countries over the period 1961-2003, reveal that GDP per capita growth is positively...