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  • Would a decrease in fertility be a threat to living standards in Australia?

    Author(s)
    Guest, Ross
    M. McDonald, Ian
    Griffith University Author(s)
    Guest, Ross
    Year published
    2002
    Metadata
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    Abstract
    Falling rates of fertility in many countries have led to concerns that low fertility is a threat to future living standards. In this article we report simulations of living standards for Australia that take into account the effect of demographic change. These simulations show that reduced fertility would actually increase living standards, albeit by a small amount. We also present projections of government social outlays. These projections suggest that reductions in fertility will have an insignificant or tiny tax-disincentive effect on GDP, thereby reinforcing our conclusion that reductions in fertility are not a threat to ...
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    Falling rates of fertility in many countries have led to concerns that low fertility is a threat to future living standards. In this article we report simulations of living standards for Australia that take into account the effect of demographic change. These simulations show that reduced fertility would actually increase living standards, albeit by a small amount. We also present projections of government social outlays. These projections suggest that reductions in fertility will have an insignificant or tiny tax-disincentive effect on GDP, thereby reinforcing our conclusion that reductions in fertility are not a threat to future living standards.
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    Journal Title
    The Australian Economic Review
    Volume
    35
    Issue
    1
    Publisher URI
    http://www.blackwell-synergy.com/doi/abs/10.1111/1467-8462.00221
    DOI
    https://doi.org/10.1111/1467-8462.00221
    Copyright Statement
    © 2002 Blackwell Publishing. The definitive version is available at [www.blackwell-synergy.com.]
    Subject
    Economics
    Publication URI
    http://hdl.handle.net/10072/6780
    Collection
    • Journal articles

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