It takes the average reader and 32 minutes to read Economic Implications of China's Demographics in the 21st Century by Mr.Kevin C. Cheng
Assuming a reading speed of 250 words per minute. Learn more
This study assesses the economic implications of China's changing population in the 21st century using a numerical general equilibrium model. The simulations show that lower fertility rates yield lower saving rates. Since lower fertility rates reduce the future supply of labor, capital will become less productive. Consequently, if international capital mobility is high in China, a low fertility rate implies more future capital outflows. But if capital is less mobile, low fertility today lowers the domestic return to capital and raises the domestic return to labor. In addition, the paper finds no significant link between demographic structures and per capita income growth.
Economic Implications of China's Demographics in the 21st Century by Mr.Kevin C. Cheng is 32 pages long, and a total of 8,064 words.
This makes it 11% the length of the average book. It also has 10% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 44 minutes to read Economic Implications of China's Demographics in the 21st Century aloud.
Economic Implications of China's Demographics in the 21st Century is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
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