How does social security affect economic growth? Evidence from cross-country data

B-Tier
Journal: Journal of Population Economics
Year: 2004
Volume: 17
Issue: 3
Pages: 473-500

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

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. Copyright Springer-Verlag 2004

Technical Details

RePEc Handle
repec:spr:jopoec:v:17:y:2004:i:3:p:473-500
Journal Field
Growth
Author Count
2
Added to Database
2026-01-29