Age structure effects and growth in the OECD, 1950-1990

• Economic growth depends on human resources and human needs. The demographic age structure shapes both of these factors. We study five-year data from the OECD countries 1950-1990 in the framework of an age structure augmented neoclassical growth model wit

Nyckelord

growth; age structure; technology barriers; human capital; CONSISTENT COVARIANCE-MATRIX; PANEL-DATA; INTERNATIONAL COMPARISONS; ECONOMIC-GROWTH; MODELS; HETEROSKEDASTICITY; CONVERGENCE; TECHNOLOGY; ESTIMATORS; EMPIRICS

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