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Demographic change and economic growth: An inverted-U shape relationship Export

Economics Letters, Vol. 92, No. 3. (September 2006), pp. 447-454.

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demographics development

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The cross-country regression and non-parametric kernel estimation using the panel data from OECD countries over the 1960-2000 periods show the inverted-U shape relationship between demographic changes and economic growth; growth rates initially increase and then decrease with population aging.


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