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Title: The demographic transition and economic growth in the Pacific Rim 
Author: Mason, Andrew; Lee, Ronald Demos; Lee, Sang-Hyop
Date: 2008-08-16
Citation: Mason, Andrew, Ronald Lee, and Sang-Hyop Lee. 2008. The demographic transition and economic growth in the Pacific Rim. Paper prepared for the East Asian Seminar on Economics (EASE), held in Seoul, Korea, June 19-21, 2008.
Abstract: Declining morality followed by declining fertility over the demographic transition initially produce decades of rising child dependency, then decades of improving support ratios as child dependency falls (the "first dividend" which raises per capita consumption, other things equal), and finally population aging. India and ASEAN are in the first dividend period; China and Korea are near its end; and Japan's population is aging.
Sponsorship: Research was supported in part by two grants from the National Institutes of Health, NIA R01-AG025488 and NIA R37-AG025247, and by MEXT.ACADEMIC FRONTIER (2006-2010).
Pages/Duration: 57 pages
Keywords: Demographic transition - Asia, Population aging - Economic aspects - Asia

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  • Mason, Andrew [7]
    Senior Fellow, EWC; Professor of Economics, University of Hawaii


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