 The relation between an ageing population and economic growth in Bangladesh: Evidence from an endogenous growth modelShamsul Arifeen Khan Mamun, Mohammad Mafizur Rahman and Rasheda Khanam Economic Analysis and Policy, 2020, vol. 66, issue C, 14-25 Abstract: This paper examines the short-run and long-run relationships between an ageing population and economic growth in Bangladesh using time series data for the period between 1972–2015. We employed a bivariate endogenous growth model to investigate the relationship between the population aged 65 years and above and per capita gross domestic product (GDP). The study found that there is a long-run positive relationship between the ageing population and per capita real GDP. The relationship runs from an ageing population to per capita real GDP, given that there is an increasing capital formation process in the economy. Therefore, the elderly population is not a matter of concern for Bangladesh as long as per capita capital formation has been greater than that of per capita ageing population. Keywords: Bangladesh; Ageing population; Economic growth; Time series analysis; Cointegration analysis (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:ecanpo:v:66:y:2020:i:c:p:14-25 DOI: 10.1016/j.eap.2020.02.001 Access Statistics for this article Economic Analysis and Policy is currently edited by Clevo Wilson More articles in Economic Analysis and Policy from Elsevier |
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