This paper argues that population age structure plays a significant role alongside institutional, technological, political, and cultural factors when it comes to explaining shifts in urban, regional and national economic development. The paper demonstrates how demographic transitions lead to...

Demographic projections of age structure provide the best information available on long-term human resources and demand. In current data fairly robust correlations with GDP and GDP growth have been discovered. In this paper we use these two facts and study the forecasting properties of...

Economic growth depends on human resources and human needs. The demographic age structure shapes both of these factors. We study five-year data from the OECD countries 1950-1990 in the framework of an age structure augmented neoclassical growth model with gradual technical adjustment. The model...

There are strong life cycle patterns in practically all human behavior as well as in resources and capabilities. Variations in the age structure therefore affect all aspects of the aggregate economy. Swedish post-war development exhibit patterns of age structure effects on saving, growth,...

Economic growth depends on human resources and human needs. The demographic age structure shapes both of these factors. We study five-year data from the OECD countries 1950-90 in the framework of a human capital augmented neoclassical growth model with gradual technical adjustment due to...