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We analyze the effects of declining population growth on the adoption of automation technology. A standard theoretical framework of the accumulation of traditional physical capital and of automation capital predicts that countries with a lower population growth rate are the ones that innovate...
Persistent link: https://www.econbiz.de/10011618746
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We analyse the effects of declining population growth on automation. Theoretical considerations imply that countries with lower population growth introduce automation technologies faster than those with higher population growth. We test the theoretical implication on panel data for 60 countries...
Persistent link: https://www.econbiz.de/10012664108
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High-income countries have generally experienced falling fertility in recent decades. In most of these countries, the … total fertility rate is now below the level that implies a stable population in the long run. This has led to concerns among … economists, policymakers, and the wider public about the economic consequences of low fertility and population decline. In this …
Persistent link: https://www.econbiz.de/10014377694
We analyze the effects of declining population growth on automation. A simple theoretical model of capital accumulation predicts that countries with lower population growth introduce automation technologies earlier. We test the theoretical prediction on panel data for 60 countries over the time...
Persistent link: https://www.econbiz.de/10011639365
Persistent link: https://www.econbiz.de/10008669208
This article investigates agglomeration processes in ageing societies by introducing an overlapping generation structure into a New Economic Geography model. Whether higher economic integration leads to spatial concentration of economic activity crucially hinges on the economies' demographic...
Persistent link: https://www.econbiz.de/10008809939
Persistent link: https://www.econbiz.de/10010490586
population growth, an implication which is hard to see in the data. Here we integrate micro-founded fertility and schooling into … future economic growth - when fertility is going to be below replacement level in virtually all fully developed countries …
Persistent link: https://www.econbiz.de/10008809945