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Fig 1.

Change in savings rate and national income per capita from 2011 to 2019.

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Fig 2.

Fertility rates and Gini coefficients for major countries on all continents.

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Fig 3.

Literature research.

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Table 1.

Descriptive statistics.

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Table 2.

Mechanism test and robustness test results.

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Fig 4.

Parallel trend test.

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Table 3.

The impact of fertility policy on the income gap between labour and capital based on the DID model.

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Table 3 Expand

Table 4.

Dynamic analysis results.

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Table 5.

Verification of closed economic hypothesis.

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Table 6.

Mediation mechanism test.

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Table 7.

Test of threshold effect.

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