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The Effects of Age Structure on Economic Growth: An Application of Probabilistic Forecasting in India

Alexia Fürnkranz-Prskawetz, Thomas Kögel, Warren Sanderson and Sergei Scherbov

No 403, VID Working Papers from Vienna Institute of Demography (VID) of the Austrian Academy of Sciences in Vienna

Abstract: During recent years there has been an increasing awareness of the explanatory power of demographic variables in economic growth regressions. We estimate a new model of the effects of age structure change on economic growth. We use the new model and recent probabilistic demographic projections for India to derive the uncertainty of predicted economic growth rates caused by the uncertainty in demographic developments.

Keywords: Economic growth; age structure; probabilistic demographic projections; India (search for similar items in EconPapers)
Pages: 30 pages
Date: 2009-05
New Economics Papers: this item is included in nep-age, nep-cwa and nep-for
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Journal Article: The effects of age structure on economic growth: An application of probabilistic forecasting to India (2007) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:vid:wpaper:0403

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