Nexus between Old Age Demographic Ratio and Economic Growth: An Empirical Analysis of Selected Developing Countries

Q4 Economics, Econometrics and Finance
M. Saeed, Faran Ali, Faizan Ali
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引用次数: 0

Abstract

The global population is ageing in all areas of the globe. First, ageing was an issue in developed countries but nowadays it is a burning research topic for developing countries. So, this study has taken selected ASIAN developing countries for investigation. This study probes the relationship between the old age demographic ratio on economic growth. Panel data has been taken for seven developing countries (India,Pakistan, China, Nepal, Bangladesh, Malaysia, and Sri Lanka) for the period 1990 to 2019 from World Development Indicators. The study uses the panel fixed effect technique for the analysis. The results of the study reveal that the old-age demographic ratio is statistically significant and has a negative impact on the economic growth of developing countries. The control variable inflation and life expectancy are statistically significant and carry a positive sign while carbon emission and remittance have a negative sign and are statistically insignificant.
老龄人口比例与经济增长的关系:基于发展中国家的实证分析
全球所有地区的人口都在老龄化。首先,老龄化是发达国家的一个问题,但现在它是发展中国家亟待研究的课题。因此,本研究选择了亚洲发展中国家作为调查对象。本研究探讨老年人口比例与经济增长的关系。从《世界发展指标》中获取了七个发展中国家(印度、巴基斯坦、中国、尼泊尔、孟加拉国、马来西亚和斯里兰卡)1990年至2019年的面板数据。本研究采用面板固定效应技术进行分析。研究结果表明,老年人口比例具有统计学意义,对发展中国家的经济增长具有负向影响。控制变量通货膨胀和预期寿命在统计上显著,为正符号,而碳排放和汇款为负符号,统计上不显著。
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来源期刊
Global Business and Economics Review
Global Business and Economics Review Economics, Econometrics and Finance-Economics and Econometrics
CiteScore
0.80
自引率
0.00%
发文量
81
期刊介绍: GBER (the flagship journal of the Business & Economics Society International) is an international refereed outlet journal for the presentation, discussion and analysis of advanced concepts, initial treatments and fundamental research in all fields of business and economics. Priority is given to insightful policy-oriented articles that deal with the implications of the increasingly global business activity, especially written for the educated lay-person.
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