The Implications of Population Aging for Economic Growth
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I use a reduced form regression model to determine the extent to which population aging accounts for economic growth in each of the nine regions of the world. Predominantly, I build upon the research of Bloom et al. (2010), which is central to formulating my regression equation. I separate the difference between each region’s average growth rate from the world average growth rate into demographic and non-demographic effects using the estimated coefficients. The results suggest that more economically developed regions have potentially benefited from population aging, while less economically developed regions have not.
SubjectPopulation Aging, Economic Growth, Economic Policy, Labor-force Participation, Life Expectancy, Retirement Age
CitationMuggeridge, Paige (2015). The Implications of Population Aging for Economic Growth. Honors thesis, Duke University. Retrieved from https://hdl.handle.net/10161/9584.
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