Population ageing and endogenous economic growth
Klaus Prettner ()
No 908, VID Working Papers from Vienna Institute of Demography (VID) of the Austrian Academy of Sciences in Vienna
This article investigates the consequences of population ageing for longrun economic growth perspectives. We introduce population ageing into a generalized model of endogenous technological change incorporating the model of Romer (1990) and Jones (1995) as special cases. We find that increases in longevity have positive effects on steady state per capita output growth in endogenous as well as in semiendogenous growth models. In the latter case, the positive dependence can also be shown for the equilibrium growth rate during transition to the steady state.
Keywords: population ageing; endogenous technological change; long-run economic growth. (search for similar items in EconPapers)
Pages: 31 pages
New Economics Papers: this item is included in nep-age, nep-dev, nep-dge and nep-fdg
References: Add references at CitEc
Citations: View citations in EconPapers (10) Track citations by RSS feed
Downloads: (external link)
http://www.oeaw.ac.at/fileadmin/subsites/Institute ... Papers/WP2009_08.pdf
Journal Article: Population aging and endogenous economic growth (2013)
Working Paper: Population aging and endogenous economic growth (2011)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:vid:wpaper:0908
Access Statistics for this paper
More papers in VID Working Papers from Vienna Institute of Demography (VID) of the Austrian Academy of Sciences in Vienna
Bibliographic data for series maintained by Frank Kolesnik ( this e-mail address is bad, please contact ).