Population Aging and Economic Growth

2017 ◽  
pp. 59-74 ◽  
Author(s):  
Kaiti Zhang ◽  
Ping Guo ◽  
Jing Li ◽  
Lujun Sun ◽  
Fengli Ma ◽  
...  
Keyword(s):  
Economic Growth ◽  
Population Aging

Three Challenges for the Social Investment Strategy

2017 ◽  
Author(s):  
John Myles
Keyword(s):  
Economic Growth ◽  
Population Aging ◽  
Investment Strategy ◽  
First Century ◽  
Social Investment ◽  
Current Consumption ◽  
The Social ◽  
Post War ◽  
Post Industrial ◽  
Wage Outcomes

Three challenges are highlighted in this chapter to the realization of the social investment strategy in our twenty-first-century world. The first such challenge—intertemporal politics—lies in the term ‘investment’, a willingness to forego some measure of current consumption in order to realize often uncertain gains in the future that would not occur otherwise, such as better schooling, employment, and wage outcomes for the next generation. Second, the conditions that enabled our post-war predecessors to invest heavily in future-oriented public goods—a sustained period of economic growth and historically exceptional tolerance for high levels of taxation—no longer obtain. Third, the millennial cohorts who will bear the costs of a new, post-industrial, investment strategy are more economically divided than earlier cohorts and face multiple demands raised by issues such as population aging and global warming, among others.

scholarly journals Impact of Population Aging on Poland’s Long-Term Economic Growth until 2050

2017 ◽  
Vol 291 (5) ◽  
pp. 73-104
Author(s):  
Waldemar Florczak
Keyword(s):  
Economic Growth ◽  
Population Aging

Population Aging and Economic Growth in China

2012 ◽  
pp. 114-149 ◽  
Author(s):  
Judith Banister ◽  
David E. Bloom ◽  
Larry Rosenberg
Keyword(s):  
Economic Growth ◽  
Population Aging

The Impact of Population Aging on Economic Growth: Panel Data Evidence from Middle East Countries

2021 ◽  
pp. 67-86
Author(s):  
Abdullah Abdulaziz Bawazir ◽  
Mohamed Aslam ◽  
Ahmad Farid Osman
Keyword(s):  
Economic Growth ◽  
Panel Data ◽  
Middle East ◽  
Fixed Effects ◽  
Population Aging ◽  
Developed Countries ◽  
Ordinary Least Squares ◽  
Dependency Ratio ◽  
Middle East Countries ◽  
The Developed Countries

This study examines the relationship between population aging and economic growth in a panel of 10 selected Middle East countries for the period of 1996–2016. For this purpose, this study uses two different measures of population aging, namely population aged 65 and over and old dependency ratio, to investigate their impacts on economic growth. The study utilizes the three alternative models of static panel data comprised of the pooled ordinary least squares, random effects, and fixed effects. The results of the robust fixed effects model indicate that the population aged 65 and over and the old dependency ratio have a positive effect on economic growth. The finding supports the argument indicating that an aging population does not necessarily adversely affect economic growth in the developing countries as it does in the developed countries. Therefore, the elderly population is not a matter of concern for the Middle East and the mechanisms through which the effect can take place are savings behavior and human capital accumulation of the individuals.

The Effect of Population Aging on Economic Growth

2014 ◽  
Author(s):  
Nicole Maestas ◽  
Kathleen Mullen ◽  
David Powell
Keyword(s):  
Economic Growth ◽  
Population Aging

scholarly journals Population Aging and Potential Growth in Asia

2016 ◽  
Vol 33 (2) ◽  
pp. 56-73 ◽  
Author(s):  
Keisuke Otsu ◽  
Katsuyuki Shibayama
Keyword(s):  
Economic Growth ◽  
Productivity Growth ◽  
Population Aging ◽  
Output Growth ◽  
Income Taxes ◽  
Labor Income ◽  
Labor Participation ◽  
Potential Growth ◽  
Asian Economies

We study the effects of projected population aging on potential growth in Asian economies over the period 2015–2050. We find that an increase in the share of the population over 64 years of age will significantly lower output growth through decreased labor participation. Population aging can also reduce economic growth through increased labor income taxes and dampened productivity growth.

POPULATION AGING, MIDDLE-INCOME TRAP, AND ECONOMIC GROWTH: AN EMPIRICAL STUDY OF ASIAN ECONOMIES

2019 ◽  
pp. 1842009
Author(s):  
JIUN-NAN PAN ◽  
MING-LEI CHANG
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Low Income ◽  
Population Aging ◽  
Negative Influence ◽  
Positive Influence ◽  
Middle Income ◽  
Primary Finding ◽  
Middle Income Trap ◽  
Economic Growth Rates

Population aging and the middle-income trap are serious problems felt worldwide, especially in terms of their powerful influence on economic growth. In order to explore the relationships among population aging, middle-income trap, and economic growth, this study uses a panel data of 27 economies in Asia from 1995 to 2016. The primary finding of this study is that lower-middle-income economies are facing the problem of middle-income trap, indicating that the economic growth rates of lower-middle-income economies are slowing down. In addition, population aging has a statistically significant and negative influence on the growth rate of GDP in the high-income economies, but it has a statistically significant and positive influence on the growth rate of GDP in the low-income and lower-middle-income economies. This study suggests that increasing women’s labor participation, technology innovation, and immigration could solve the problems of population aging and the middle-income trap.

The Social Consequences of Demographic Change in China

China–India ◽  
2014 ◽  
Author(s):  
Delia Davin
Keyword(s):  
Economic Growth ◽  
Demographic Change ◽  
Population Aging ◽  
Family Relations ◽  
Economic Reforms ◽  
Social Consequences ◽  
Chinese Society ◽  
The Social ◽  
Family Building ◽  
And Migration

China, like India, has experienced rapid demographic change in recent decades. Combined with the dramatic economic growth which started with the introduction of market-orientated economic reforms from the late 1970s, demographic change has had enormous impacts on Chinese society, marriage, family relations and family building. This paper starts with a general overview of the ‘planks’ of this demographic change: rising life expectancy and lowered fertility, the distorted child sex ratio, and migration and urbanisation. It then moves on to a discussion of some of the consequences of these changes focusing on marriage, the shortage of brides and marriage finance; the implications of lowered fertility for women; and population aging and its challenge to the intergenerational contract. Marriage migration is discussed both in the context of the shortage of brides, and as one of the changes especially affecting women.

scholarly journals Sustainable development in an aging economy

2002 ◽  
Vol 7 (1) ◽  
pp. 9-22 ◽  
Author(s):  
Tetsuo Ono ◽  
Yasuo Maeda
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Environmental Policy ◽  
Overlapping Generations ◽  
Population Aging ◽  
Overlapping Generations Model

In this paper, we analyze the effects of population aging on economic growth and the environment in a two-period overlapping generations model of growth, aging, and the environment. We show that aging may be beneficial to economic growth and the environment under perfect annuitisation, while possibly harmful under imperfect annuitisation. We also discuss the implications of our results for environmental policy in an aging economy.

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