THE IMPACT OF DEMOGRAPHIC CHANGE ON ECONOMIC GROWTH

THE IMPACT OF DEMOGRAPHIC CHANGE ON ECONOMIC GROWTH

This paper evaluates the impact of demographic change on the economic growth of OECD and non-OECD countries. An annual panel dataset of 71 countries, consisting of 27 advanced economies and 44 emerging economies over the period of 1981–2014, is used. Two types of regression models (panel regression...

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Veröffentlicht in:Singapore economic review 2020-03, Vol.65 (2), p.471-484
Hauptverfasser: LE, DIEU THANH, PARK, HAIL
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Sprache:eng
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Demographic change
Demographic transition
Demographics
Economic growth
Economic theory
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PARK, HAIL
description This paper evaluates the impact of demographic change on the economic growth of OECD and non-OECD countries. An annual panel dataset of 71 countries, consisting of 27 advanced economies and 44 emerging economies over the period of 1981–2014, is used. Two types of regression models (panel regression model and panel continuous threshold model) including several demographic variables are used to investigate the effects of demographic structure. The results of this study show the significant difference of the impact of demographic transition on the economic growth of OECD and non-OECD economies.
doi_str_mv 10.1142/S0217590819500401
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subjects Demographic change
Demographic transition
Demographics
Economic growth
Economic theory
title THE IMPACT OF DEMOGRAPHIC CHANGE ON ECONOMIC GROWTH
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