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Age Groups age-specific birth rates arithmetic mean autonomous growth average propensity births prevented calculated capital and labor capital productivity capital stock capital-labor ratio changes Cobb-Douglas Constant Returns consumption per equivalent decline decreasing returns demographic investment demographic outputs Department of Statistics dependency ratio developing countries Economic Development economic growth effect employed labor Equation equivalent adult consumer estimate expenditures fertility rates fertility reduction fixed capital formation fixed productive capital government consumption gross domestic investment gross investment gross national product growth model growth rate high fertility High Medium Low income increase incremental capital-output ratio Jamaica Department Jamaican Pounds Kingston labor force low fertility assumptions Low Very Low marginal propensity neoclassical growth model number of acceptors number of births percent population growth Private consumption production function productive capital formation productivity of capital propensity to save returns to scale Stock of fixed tion total consumption Various Fertility Assumptions welfare investment