Using a theoretical model, this article concludes that age structures influence people＇s propensity to save and thereby influence their capital intensity. In the context that capital and labor are in a substitutional...Using a theoretical model, this article concludes that age structures influence people＇s propensity to save and thereby influence their capital intensity. In the context that capital and labor are in a substitutional relation, increased capital intensity may lead to a drop of labor income share. We perform empirical research with provincial-level data from 1990 to 2007 and have proved that the rising of the old dependency ratio and the decrease of the children dependency rate both contribute to the fall of labor income share. This assumption still holds true after the authors control the influences of other potential factors that may influence labor income share展开更多
This paper discusses the shortcomings of Western theories on demographic transition by comparing transitions in demographic structure for Europe and China. This paper further proposes several criteria for judging the ...This paper discusses the shortcomings of Western theories on demographic transition by comparing transitions in demographic structure for Europe and China. This paper further proposes several criteria for judging the direction of demographic transition and whether or not it has finished. Apart from establishing new theories of demographic transition and the trasition of demographic structure, this paper differentiates the concepts of ＂relative surplus population＂ and ＂relative suitable population,＂ and ＂relative insufficient population＂ and identifies key demographic differences along the way. In doing so, this paper argues that China＇s demographic strueture is undergoing a process of rebalancing.展开更多
文摘Using a theoretical model, this article concludes that age structures influence people＇s propensity to save and thereby influence their capital intensity. In the context that capital and labor are in a substitutional relation, increased capital intensity may lead to a drop of labor income share. We perform empirical research with provincial-level data from 1990 to 2007 and have proved that the rising of the old dependency ratio and the decrease of the children dependency rate both contribute to the fall of labor income share. This assumption still holds true after the authors control the influences of other potential factors that may influence labor income share
文摘This paper discusses the shortcomings of Western theories on demographic transition by comparing transitions in demographic structure for Europe and China. This paper further proposes several criteria for judging the direction of demographic transition and whether or not it has finished. Apart from establishing new theories of demographic transition and the trasition of demographic structure, this paper differentiates the concepts of ＂relative surplus population＂ and ＂relative suitable population,＂ and ＂relative insufficient population＂ and identifies key demographic differences along the way. In doing so, this paper argues that China＇s demographic strueture is undergoing a process of rebalancing.
