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Demographic transition
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====Korea==== Cha (2007) analyzes a panel data set to explore how industrial revolution, demographic transition, and human [[capital accumulation]] interacted in Korea from 1916 to 1938. Income growth and public investment in health caused mortality to fall, which suppressed fertility and promoted education. Industrialization, skill premium, and closing gender wage gap further induced parents to opt for child quality. Expanding demand for education was accommodated by an active public school building program. The interwar agricultural depression aggravated traditional income inequality, raising fertility and impeding the spread of mass schooling. Landlordism collapsed in the wake of de-colonization, and the consequent reduction in inequality accelerated human and physical capital accumulation, hence leading to growth in South Korea.<ref>{{Citation | last = Myung | first = Soo Cha | title = Industrial Revolution, Demographic Transition, and Human Capital Accumulation in Korea, 1916β38 | publisher = Naksungdae Institute of Economic Research | type = working Paper | date = July 2007 | url = http://www.naksung.re.kr/papers/wp2007-7.pdf | place = KR}}.</ref>
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