The impact of education on the demographic dividend
Rentería, Elisenda (Centre d'Estudis Demogràfics)
Souto Nieves, Guadalupe (Universitat Autònoma de Barcelona. Departament d'Economia Aplicada)
Mejía-Guevara, Iván (Harvard Center for Population and Development Studies)
Patxot, Concepció (Universitat de Barcelona)

Imprint:	European Commission 2016
Description:	37 pag.
Abstract:	The impact of population structure on economic growth has been studied in recent decades using different methods to estimate the so-called demographic dividend. Besides, education has been pointed out as a key factor in economic growth. We propose a decomposition of the demographic dividend, into age and education effects. We illustrate the potential of the method by illustrating its application to Mexico and Spain over the period 1970-2100. To that end, we estimate the National Transfer Accounts age profiles by schooling level and apply them to recently available population projections stratified by educational level. Our results confirm the role of population age structure in the demographic dividend, but also reveal that education attainment can be even more crucial. Moreover, we find that the way how both age and education effects finally impact on economic growth depends to a great extent on the specific consumption and labor income age profiles in each country.
Grants:	European Commission 613247
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Language:	Anglès
Document:	Working paper
Subject:	Demographic dividend ; Education ; Economic growth

Adreça alternativa: http://www.agenta-project.eu/Jacomo/upload/publications/er_wp-3-2016.pdf

38 p, 1.2 MB

The record appears in these collections:
Research literature > UAB research groups literature > Research Centres and Groups (research output) > Social and Legal Sciences > Centre for Demographic Studies (CED-CERCA)
Research literature > Working papers