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


香港中文大学研究人员 ( 现职)

张俊森教授 (经济学系)

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数位物件识别号 (DOI) http://dx.doi.org/10.1007/s00148-004-0198-x

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Web of Sciencehttp://aims.cuhk.edu.hk/converis/portal/Publication/19WOS source URL

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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.

着者Zhang J, Zhang JS
期刊名称Journal of Population Economics
出版年份2004
月份8
日期1
卷号17
期次3
出版社SPRINGER
页次473 - 500
国际标準期刊号0933-1433
电子国际标準期刊号1432-1475
语言英式英语

关键词fertility; growth; human capital; saving; social security
Web of Science 学科类别Business & Economics; Demography; DEMOGRAPHY; Economics; ECONOMICS