Demographic transition and structural transformation
Explores the effect of demographic transition on structural transformation.
Abstract
When fertility declines, a larger share of the population may remain in farming due to agriculture’s reliance on a fixed factor of production, land. The authors test this hypothesis at the household, state, and country levels.
This is an part of the Structural Transformation and Economic Growth (STEG) programme.
Citation
Barham T and others. ‘Demographic transition and structural transformation’ STEG Working Paper Series, 2025