Economic Implications of China's Demographics in the 21st Century:
This study assesses the economic implications of China''s changing population in the 21st century using a numerical general equilibrium model. The simulations show that lower fertility rates yield lower saving rates. Since lower fertility rates reduce the future supply of labor, capital wi...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2003
|
| Schriftenreihe: | IMF Working Papers
Working Paper No. 03/29 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Zusammenfassung: | This study assesses the economic implications of China''s changing population in the 21st century using a numerical general equilibrium model. The simulations show that lower fertility rates yield lower saving rates. Since lower fertility rates reduce the future supply of labor, capital will become less productive. Consequently, if international capital mobility is high in China, a low fertility rate implies more future capital outflows. But if capital is less mobile, low fertility today lowers the domestic return to capital and raises the domestic return to labor. In addition, the paper finds no significant link between demographic structures and per capita income growth |
| Beschreibung: | 1 Online-Ressource (31 p) |
| ISBN: | 1451844824 9781451844825 |
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| index_date | 2024-07-03T20:13:29Z |
| indexdate | 2024-07-10T09:35:38Z |
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| spelling | Cheng, Kevin C. Verfasser aut Economic Implications of China's Demographics in the 21st Century Cheng, Kevin C Washington, D.C International Monetary Fund 2003 1 Online-Ressource (31 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 03/29 This study assesses the economic implications of China''s changing population in the 21st century using a numerical general equilibrium model. The simulations show that lower fertility rates yield lower saving rates. Since lower fertility rates reduce the future supply of labor, capital will become less productive. Consequently, if international capital mobility is high in China, a low fertility rate implies more future capital outflows. But if capital is less mobile, low fertility today lowers the domestic return to capital and raises the domestic return to labor. In addition, the paper finds no significant link between demographic structures and per capita income growth Online-Ausg http://elibrary.imf.org/view/IMF001/01953-9781451844825/01953-9781451844825/01953-9781451844825.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Cheng, Kevin C. Economic Implications of China's Demographics in the 21st Century |
| title | Economic Implications of China's Demographics in the 21st Century |
| title_auth | Economic Implications of China's Demographics in the 21st Century |
| title_exact_search | Economic Implications of China's Demographics in the 21st Century |
| title_exact_search_txtP | Economic Implications of China's Demographics in the 21st Century |
| title_full | Economic Implications of China's Demographics in the 21st Century Cheng, Kevin C |
| title_fullStr | Economic Implications of China's Demographics in the 21st Century Cheng, Kevin C |
| title_full_unstemmed | Economic Implications of China's Demographics in the 21st Century Cheng, Kevin C |
| title_short | Economic Implications of China's Demographics in the 21st Century |
| title_sort | economic implications of china s demographics in the 21st century |
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