Economic Implications of China's Demographics in the 21st Century

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 will become less productive. Consequently, if international... READ MORE...

Publication date: February 2003
ISBN 9781451844825
$15.00

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