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The Discussion on Input – Output Framework Extended for Analyzing on Relationship between Demographic and Economic

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  • Nguyen Quang Thai
  • Bui Trinh
  • Nguyen Hong Nhung

Abstract

So far, many studies on economic structure have been proposed, Studies on the relationship between demographics and communication economics basically consider changes in age structure, leading to changes in saving and investment capacity. In Miyazawa's demographic-economic model, the focus has been on quantifying the relationship of final consumer groups and corresponding income groups. This study tries to establish the relationship between age and output and income. This study tries an attempt to extended Miyazawa’s model which gross capital formation at columns and operating surplus at rows. That means the input – output system was not only extended aging group at consumption of employees at rows and final household consumption at columns, but alsoadd to gross capital formation at columns and total income of producers (operating surplus and exogenous income) at rows. In this system, it is allowed to consider changing population structure which not only affects economy through saving or investment but also the structure of final consumption by age also spreads to output and income. So, in this research is not only this related inter-sartorial at first-time distribution for considering but also the impact of demographic to economic activities and re-distribution income follow by type of aging group.

Suggested Citation

  • Nguyen Quang Thai & Bui Trinh & Nguyen Hong Nhung, 2019. "The Discussion on Input – Output Framework Extended for Analyzing on Relationship between Demographic and Economic," International Business Research, Canadian Center of Science and Education, vol. 12(6), pages 52-57, June.
    • Handle: RePEc:ibn:ibrjnl:v:12:y:2019:i:6:p:52-57
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    References listed on IDEAS

    as
    1. Bui Trinh & Bui Quoc, 2017. "Some Problems on the Sectoral Structure, GDP Growth and Sustainability of Vietnam," Journal of Reviews on Global Economics, Lifescience Global, vol. 6, pages 143-153.
    2. Sonis, Michael & Hewings, Geoffrey J.D., 1993. "Hierarchies of Regional Sub-Structures and Their Multipliers within Input-output Systems Miyazawa Revisited," Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 34(1), pages 33-44, June.
    3. Bloom, David E & Williamson, Jeffrey G, 1998. "Demographic Transitions and Economic Miracles in Emerging Asia," The World Bank Economic Review, World Bank, vol. 12(3), pages 419-455, September.
    4. Batey, Peter W. J. & Madden, Moss, 1983. "The modelling of demographic-economic change within the context of regional decline: Analytical procedures and empirical results," Socio-Economic Planning Sciences, Elsevier, vol. 17(5-6), pages 315-328.
    5. Ricardo,David, 2015. "On the Principles of Political Economy, and Taxation," Cambridge Books, Cambridge University Press, number 9781108075435.
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    More about this item

    Keywords

    consumption; demographic; economic; gross capital formation; input; output; value added;
    All these keywords.

    JEL classification:

    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
    • F31 - International Economics - - International Finance - - - Foreign Exchange
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics

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