Ageing Population and Economic Growth in Developing Countries A Quantile Regression Approach

Duc Vo

MPRA Paper from University Library of Munich, Germany

Abstract: The economic effects and consequences of an aging population on economic growth in terms of productivity and demand have attracted great attention from policy makers, particular in emerging countries. This study examines the effect of an aging population on economic growth in 84 developing countries in the period 1971–2015, using panel fixed effects and quantile regression. The results confirm a negative effect on economic growth in the long run from having a high share of young people (14 years old and younger). However, in the long run, a positive relationship exists between the share of those 65 and older and economic performance. The quantile regression results confirm the importance of an aging population on economic growth at most percentiles. However, from lower to higher percentiles, the estimated magnitudes differ

Keywords: Aging population; developing countries; quantile regression (search for similar items in EconPapers)
JEL-codes: J10 O11 (search for similar items in EconPapers)
Date: 2019-12-18
New Economics Papers: this item is included in nep-age and nep-gro
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Related works:
Journal Article: Aging Population and Economic Growth in Developing Countries: A Quantile Regression Approach (2021)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:103279

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