Population Aging and Economic Growth: From Demographic Dividend to Demographic Drag?
Population Aging and Economic Growth: From Demographic Dividend to Demographic Drag?
复制标题
人口老龄化与经济增长:从人口红利到人口拖累?
DOI:
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发表时间:
2023
期刊:
影响因子:
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通讯作者:
D. Bloom
中科院分区:
文献类型:
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作者:
Rainer Kotschy;D. Bloom
IZA DP No. 16377 AUGUST 2023 Population Aging and Economic Growth: From Demographic Dividend to Demographic Drag?* This paper examines the extent to which changes in working-age shares associated with population aging might slow economic growth in upcoming years. We first analyze the economic effects of changing working-age shares in a standard empirical growth model using country panel data from 1950–2015. We then juxtapose the estimates with predicted shifts in population age structure to project economic growth in 2020–2050. Our results indicate that population aging will slow economic growth throughout much of the world. Expansions of labor supply due to improvements in functional capacity among older people can cushion much of this demographic drag. JEL Classification: J11, O11, O47