THE INFLUENCE OF THE ELDERLY POPULATION ON ECONOMIC GROWTH IN CHINA

2019 ◽  
pp. 1-17
Author(s):  
XIAOLIANG ZHOU ◽  
TING LI
Keyword(s):  
Economic Growth ◽  
Fixed Effects ◽  
Elderly Population ◽  
Negative Impact ◽  
Positive Impact ◽  
The Elderly ◽  
Educational Background ◽  
Cross Sectional ◽  
Negative Effect ◽  
Dynamic Panel Regression

While most studies have shown that an aging population has a negative impact on economic growth, the potentially positive factor of a young elderly population may be neglected. The purpose of this study is to investigate the following two hypotheses: the young elderly population (aged from 60 to 69) with a strong academic background has a positive impact on the economy in China, and the elderly population has a negative impact on the economy in China. Official provincial-level panel data from 1996 to 2016 for 29 provinces are utilized in fixed-effects models with and without controlling for heteroskedasticity and cross-sectional dependence, as well as in DIFF-GMM and SYS-GMM models in the dynamic panel regression estimation. The primary finding of this study is that young elderly people with a strong educational background can positively affect China’s economic growth and can partly alleviate the negative effect of the overall elderly population. This conclusion is quite robust regardless of which econometric method is adopted.

scholarly journals The Asymmetric Relationship Between Military Expenditure, Economic Growth and Industrial Productivity: An Empirical Analysis of India, China and Pakistan Via the NARDL Approach

2021 ◽  
Vol 13 (1) ◽  
Author(s):  
Aamir Syed
Keyword(s):  
Economic Growth ◽  
Negative Impact ◽  
Positive Impact ◽  
Research Work ◽  
Military Expenditure ◽  
Economic Policies ◽  
Long Run ◽  
Negative Effect ◽  
Short Run ◽  
Industrial Productivity

This research work aims to verify how military expenditure promotes economic growth and industrial productivity, as suggested by the Military Keynesianism postulate. The NARDL method is employed to achieve the above objective on the panel data of India, China, and Pakistan, covering the period between 1990 and 2018. The study finds that the positive and negative impact of military expenditure has a significant positive and negative effect on economic growth in the long run for China and India; however, in the short-run, only positive impact favors economic growth. Thus, there is a symmetric effect in the short-run and an asymmetric impact in the long-run. This asymmetric result supports the work of Military Keynesianism, helping policymakers in devising appropriate macro-economic policies.

scholarly journals ENVIRONMENTAL SUSTAINABLE VALUE IN AGRICULTURE REVISITED: HOW INVESTMENT SUBSIDIES FOSTER ECO-EFFICIENCY

2019 ◽  
Vol XXI (4) ◽  
pp. 76-84
Author(s):  
Bazyli Czyżewski ◽  
Anna Matuszczak ◽  
Aleksander Grzelak ◽  
Marta Guth ◽  
Adam Majchrzak
Keyword(s):  
Negative Impact ◽  
Positive Impact ◽  
Cross Sectional ◽  
Policy Makers ◽  
Factor Endowments ◽  
Capital Labor Ratio ◽  
Sustainable Value ◽  
Negative Effect ◽  
Representative Farms ◽  
Environmental Subsidies

Many researchers and policy makers argue that CAP should support small farms mainly through environmental subsidies contributing by this mean to sustainable agriculture. This study offers a methodological contribution to the value-based sustainability approach, consisting of a computing indicator of environmental sustainable value (ESV). In this study, the authors have attempted to combine the value-oriented approach with DEA frontier benchmarking. In the next step, the authors test how investment subsidies contribute to ESV using a long-term panel of FADN region-representative farms in 2004-2015 with regards to other policy measures and factor endowments. The seminal within-between specification was employed to the control time variant and time in-variant space heterogeneity of European regions. The articles main finding is that higher investment support is beneficial for ESV. Other payments exert a negative effect on ESV besides the cross-sectional impact of environmental subsidies. When it comes to factor endowment influence, there is a positive impact of the capital-labor ratio and negative impact of the capital-land ratio.

Causing Factors of Degenerative Disease towards Elderly Women

2021 ◽  
Vol 8 (1) ◽  
pp. 064-070
Author(s):  
Irwanti Gustina ◽  
Putri Sarah Dita
Keyword(s):  
Elderly Population ◽  
Elderly Women ◽  
Negative Impact ◽  
Smoking Habit ◽  
The Elderly ◽  
Degenerative Disease ◽  
P Value ◽  
Degenerative Diseases ◽  
Cross Sectional ◽  
Care Support

The proportion of the elderly population in Indonesia has a positive or negative impact, it is said to be positive if the elderly population is in a healthy, active and productive condition. The elderly become a burden if they have health problems such as degenerative diseases. In this study, the authors looked for the Causes of Degenerative Disease in Elderly Women. This study used 50 elderly women for sample. This research design used cross sectional, data collection techniques through questionnaires. The results showed that there was a significant correlation between degenerative diseases in the elderly with diet, physical activity, rest patterns, and health care support for the elderly. Meanwhile, smoking habit with p-value = 0.283 meant that statistically there was no correlation between smoking habits and degenerative diseases, this was because the proportion of elderly women who smoke and had degenerative diseases was less. The conclusion of the research was the productivity of women in youth and lifestyle had an effect on women's health in old age.

The Impact of Welfare Facilities on Happiness of the Elderly: Evidence from Seoul, Korea

2019 ◽  
pp. 0739456X1987411 ◽  
Author(s):  
Danya Kim ◽  
Jangik Jin
Keyword(s):  
Fixed Effects ◽  
Elderly Population ◽  
Well Being ◽  
The Elderly ◽  
Subjective Well Being ◽  
Cross Sectional ◽  
Time Specific ◽  
The Impact ◽  
The City ◽  
Positive Effect

Across the world, there are growing concerns about how to care for an increasingly large elderly population. We explore how elderly welfare facilities influence seniors’ subjective well-being, focusing on the city of Seoul, Korea, using the 2005–2015 Seoul Survey data. Through pooled cross-sectional data analysis with time-specific and location-specific fixed-effects, we estimate the effect of the number of local welfare facilities on elderly subjective well-being. Our results show that elderly welfare facilities have a positive effect on elderly subjective well-being after controlling for endogeneity, but these facilities are more important for the more aged elderly and lower income elderly.

scholarly journals Empirical Evidence Regarding the Impact of Economic Growth and Inflation on Economic Sentiment and Household Consumption

2021 ◽  
Vol 14 (7) ◽  
pp. 336
Author(s):  
Larissa Batrancea
Keyword(s):  
Economic Growth ◽  
Fixed Effects ◽  
Negative Impact ◽  
Positive Impact ◽  
Generalized Method Of Moments ◽  
Household Consumption ◽  
Global Market ◽  
Policy Implications ◽  
The European Union ◽  
The Impact

The dynamics of the interconnected global market and consumption behavior has recently changed considerably. Using a sample of 28 nations within the European Union, the study examined the degree to which economic growth and inflation impacted economic sentiment and household consumption during the time frame of December 2019 up to October 2020. The results estimated via panel generalized method of moments and panel least squares (with cross-section weights, time fixed effects) showed that economic sentiment and household consumption were significantly shaped by the proxies of economic growth and inflation. Moreover, in the case of economic sentiment, the negative impact of inflation was much stronger than the positive impact of economic growth. The reverse applied in the case of household consumption. The study draws policy implications regarding the strategies that public authorities, companies, and individual consumers could apply for stimulating national economies amid challenging times.

scholarly journals Impact of Political Instability on Economic Growth in CEE Countries

2021 ◽  
Vol 17 (2) ◽  
pp. 582-592
Author(s):  
Arjona Çela ◽  
Eglantina Hysa
Keyword(s):  
Economic Growth ◽  
Fixed Effects ◽  
Positive Impact ◽  
Panel Data Analysis ◽  
Stability Index ◽  
Chief Executive ◽  
Political Stability ◽  
The Political ◽  
Fixed Effects Model ◽  
Negative Effect

сPolitical instability is often considered to have a negative influence on economic growth. Hence, the study aims to examine whether instability of the political environment (measured by the political stability in- dex and duration of the chief executive in the office) significantly influences economic growth in Central and Eastern European (CEE) countries. The methodology used is a fixed effects model for panel data analysis where the dependent variable is the real growth of gross domestic product (GDP) per capita. The data covers the period from 2006 to 2016 for 13 CEE countries. Additionally, the study considered other macroeconomic variables, such as investment, inflation, human capital, trade openness, etc. The research findings indicate that the political stability index has a positive effect on economic growth, as expected and predicted in the literature. However, the indicator of the years the chief executive has been in the office has shown a negative effect. This effect appears to be weakly significant only for the second variable. These findings allowed us to conclude that the political stability index positively influences economic growth, while the years the chief executive stays in the office has a negative effect. Frequent changes in the cabinet can actually have a positive impact in transition countries characterised by corruption, meaning that the long stay of a chief executive in the office can lead to power abuse.

scholarly journals The Dynamic Relationship between Inequality and Sustainable Economic Growth

2020 ◽  
Vol 12 (14) ◽  
pp. 5740 ◽  
Author(s):  
Hwan-Joo Seo ◽  
HanSung Kim ◽  
Young Soo Lee
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Income Inequality ◽  
Growth Model ◽  
Capital Accumulation ◽  
Negative Impact ◽  
Positive Impact ◽  
Dynamic Relationship ◽  
Negative Effect ◽  
Sustainable Economic Growth

This study empirically tests the effects of income inequality on growth for 43 countries from 1991 to 2014 based on a cumulative growth model. The results show that, first, the estimation results using a reduced equation reveal a positive correlation between the income inequalities of lagging countries and the respective growth gaps with the frontier country. This confirms that the increase in income inequality negatively affects growth. Secondly, a cumulative growth model using 3SLS estimation shows that income inequality has a negative effect only on investment. However, we fail to find correlations between technological innovation and income inequality and between human capital accumulation and income inequality. Considering that investment has a positive impact on productivity, we conclude that income inequality has a negative impact on investment and that the resulting sluggish investment has a negative impact on productivity, which in turn negatively influences growth. Third, contrary to Kaldor and Barro’s prediction, we find that income inequality in developing countries is negatively correlated with growth, particularly for investment. The effects of income inequality on investment are found to be similar in both developed and developing countries. We also find region-specific differences in the paths through which income inequality affects sustainable economic growth.

scholarly journals Population Migration and The Challenges of Economic Growth in North Sumatera in Year (1988-2020)

2021 ◽  
Vol 2 (3) ◽  
pp. 346-355
Author(s):  
Zulkarnain Nasution ◽  
Muhammad Ali Al Ihsan
Keyword(s):  
Economic Growth ◽  
Negative Impact ◽  
Positive Impact ◽  
Population Increase ◽  
Dependency Ratio ◽  
Population Mobility ◽  
Dependency Ratios ◽  
Working Age ◽  
Negative Effect ◽  
The Impact

Population increase has the impact on demographic transition (changes in population structure). Indonesia is entering the demographic bonus period, there is the increase in the percentage of the working age population. According to theory, population can affect economic growth (in this study the effect on gross domestic product or GDP). One of the demographic components that affect population composition is population mobility or migration. This study used migration, risk migration and dependency ratios to show the latest patterns / trends of population mobility (last 20 years). The results showed that the variables in this study had a positive and negative effect on GDP growth. Of the three variables, the greatest influence is given by   percentage of dependency ratio variable. The results of this study showed that migration and risk migration had negative impact on economic growth while the dependency ratio had a positive impact on economic growth.  North Sumatra must be optimistic to increase economic growth by utilizing components that can boost the economy and one of them is the dependency ratio.

scholarly journals The role of the Sharia Supervisory Board and corporate governance mechanisms in enhancing Islamic performance – evidence from Indonesia

2018 ◽  
Vol 13 (4) ◽  
pp. 85-95
Author(s):  
Ahmad Nurkhin ◽  
Abdul Rohman ◽  
Ahmad Rofiq ◽  
Hasan Mukhibad
Keyword(s):  
Corporate Governance ◽  
Negative Impact ◽  
Positive Impact ◽  
Supervisory Board ◽  
Educational Background ◽  
Positive Influence ◽  
Islamic Banks ◽  
Income Ratio ◽  
Financing Risk ◽  
Negative Effect

This research aims to examine the correlation between the Sharia Supervisory Board (SSB) and corporate governance in terms of the performance of Islamic banks’ Profit-and-Loss Sharing (PLS) ratio, zakah performance and non-halal income ratio, and to analyze the relationship between risk and income for both PLS and murabahah financing and the PLS financing ratio. Non-halal income is a bank’s income that is not in accordance with Sharia law. The object of this research was a sample of eleven commercial Islamic banks in Indonesia. The data are collected from each bank’s annual report and corporate governance statement, for 2009–2016. This study uses the multiple regression analysis method. The results show that: The size and educational background of the SSB has a significant and positive effect on the zakah performance (Islamic tax), and has a negative effect on the ratio of non-halal income. The size and educational background of the SSB has no impact on the PLS financing ratio. Corporate governance has a significant and positive influence on the PLS financing ratio and zakah performance but has no influence on the non-halal income ratio. The mudharaba risk and PLS revenue have a positive impact on the PLS financing ratio. PLS financing risk and murabahah income have a negative impact on PLS financing ratio.

scholarly journals The community residents’ NIMBY attitude on the construction of community ageing  care service centres: a cross-sectional study 

2021 ◽  
Author(s):  
Bo Yu ◽  
Yue-Hong Han ◽  
Yin Sun ◽  
Xu-Dong Zhang
Keyword(s):  
Perceived Risk ◽  
Negative Impact ◽  
Positive Impact ◽  
Care Service ◽  
Elderly Care ◽  
The Elderly ◽  
Ageing Population ◽  
Cross Sectional ◽  
Perceived Benefit ◽  
Community Residents

Abstract Background: China is the country with the largest elderly population. To actively respond to this ageing population, China has proposed the Community Aged Care Service Centre (CACSC) network as the major elderly care development policy. However, many residents resisted the development of the CACSC network, which affected its smooth implementation. Based on the theory of “Not in My Backyard” (NIMBY), this paper proposes a model of the influencing factors of community residents on the opposition to the construction of CACSCs. Methods: In this study, residents of urban communities over the age of 20 in mainland China were the research target. After a total of 509 questionnaires were collected through online surveys, using IBM SPSS Statistics 25.0 and IBM SPSS Amos 24.0 to analyse the data. Results: The research results show that superstition, the NIMBY attitude, and perceived risk have a significant positive impact on the opposition to the construction of CACSCs, while the negative impact of perceived benefit on the opposition intention is not significant. Moreover, perceived knowledge has a significant positive impact on perceived benefit and a significant negative impact on superstition and perceived risk. Conclusions: Strengthen policy advocacy on ageing, clarify the service content of CACSC and encourage young people to participate in public welfare activities for the elderly can reduce the opposition of community residents to the construction of a CACSC.

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