Does Age Structure Forecast Economic Growth?
David Canning (),
Günther Fink () and
Jocelyn Finlay ()
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Günther Fink: Harvard School of Public Health
Jocelyn Finlay: Harvard School of Public Health
PGDA Working Papers from Program on the Global Demography of Aging
High ratios of working age to dependent population can yield a increases the rate of economic growth. We estimate the parameters model with a cross section of countries over the period 1960 to 1980 inclusion of age structure improves the model’s forecasts for the period that including age structure improves the forecast, although there instability between periods with an unexplained growth slowdown the model to generate growth forecasts for the period 2000–2020.
Keywords: Economic Growth; demography; forecast; evaluation; error decomposition (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-age, nep-for and nep-mac
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Journal Article: Does age structure forecast economic growth? (2007)
Working Paper: Does Age Structure Forecast Economic Growth? (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:gdm:wpaper:2006
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