How does social security affect economic growth? Evidence from cross-country data
Publication in refereed journal

香港中文大學研究人員

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摘要This paper investigates how social security interacts with growth and growth determinants (savings, human capital investment, and fertility). Our empirical investigation finds that the estimated coefficient on social security is significantly negative in the fertility equation, insignificant in the saving equation, and significantly positive in the growth and education equations. By contrast, the estimated coefficient on growth is insignificant in the social security equation. The results suggest that social security may indeed be conducive to growth through tipping the trade-off between the number and quality of children toward the latter.
著者Zhang J, Zhang JS
期刊名稱Journal of Population Economics
出版年份2004
月份8
日期1
卷號17
期次3
出版社SPRINGER
頁次473 - 500
國際標準期刊號0933-1433
電子國際標準期刊號1432-1475
語言英式英語
關鍵詞fertility; growth; human capital; saving; social security
Web of Science 學科類別Business & Economics; Demography; DEMOGRAPHY; Economics; ECONOMICS

上次更新時間 2021-11-05 於 01:06