Age Dynamics and Economic Growth: Revisiting the Nexus in a Nonparametric Setting

Théophile Thomas Azomahou and Tapas Mishra ()

Working Papers of BETA from Bureau d'Economie Théorique et Appliquée, ULP, Strasbourg

Abstract: This paper explores the relationship between the growth rates of per capita income and age- structured population in a non-parametric setting. Analysis in this framework provides us with new insights about the interaction structure: significant non-linear relation between the two and interesting ’direct’ and ’feedback’ effects on growth. Nonlinearity is found to be a major source of growth fluctuations in OECD and non-OECD countries.

Keywords: Age dynamics; Economic growth; Non-parametric panel. (search for similar items in EconPapers)
JEL-codes: C23 J10 O47 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-dev
Date: 2006
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Journal Article: Age dynamics and economic growth: Revisiting the nexus in a nonparametric setting (2008)
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Persistent link: http://EconPapers.repec.org/RePEc:ulp:sbbeta:2006-36

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