EconPapers    
Economics at your fingertips  
 

Contribution of increased life expectancy to economic growth: evidence from CEE countries

Gindrute Kasnauskiene () and Karol Michnevich ()
Additional contact information
Gindrute Kasnauskiene: Vilnius university
Karol Michnevich: Vilnius university

No 5807776, Proceedings of International Academic Conferences from International Institute of Social and Economic Sciences

Abstract: Population ageing in a backdrop of growing average life expectancy can be seen in many advanced economies, but the rapid pace of these demographic changes in Central and Eastern Europe (CEE) makes it a pressing matter for the region. We investigate these two phenomenon and compare results with prior research to determine their separate and combined effect on output growth in a panel regression model using Eurostat data for the period 1996 to 2013. Our findings point to both life expectancy and population ageing exerting a statistically significant, overlapping effect on real output. The conclusions of our research demonstrate the utility of augmenting macroeconomic models with a demographics-sensitive component.

Keywords: demographics; life expectancy; population ageing; economic growth; CEE countries (search for similar items in EconPapers)
JEL-codes: E10 J10 J11 (search for similar items in EconPapers)
Pages: 1 page
Date: 2017-10
New Economics Papers: this item is included in nep-age, nep-eec, nep-gro, nep-hea, nep-mac and nep-tra
References: Add references at CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed

Published in Proceedings of the Proceedings of the 33rd International Academic Conference, Vienna, Oct 2017, pages 178-178

Downloads: (external link)
https://iises.net/proceedings/33rd-international-a ... =58&iid=031&rid=7776 First version, 2017

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sek:iacpro:5807776

Access Statistics for this paper

More papers in Proceedings of International Academic Conferences from International Institute of Social and Economic Sciences
Bibliographic data for series maintained by Klara Cermakova ().

 
Page updated 2024-01-17
Handle: RePEc:sek:iacpro:5807776