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Population Changes and Regional Economic Growth in the Nordic Countries 1994-2006


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  • Torben Dall Schmidt


  • Aki Kangasharju


  • Daniel Rauhut


Population changes are decisive for growth performances. This has been shown in a number of country studies, using time series data. The analysis is here extended in two dimensions: 1) the importance of demographics for growth is taking in to account a regional dimension allowing for spatial error structures in dynamic panel model and 2) doing the analysis in an international comparative set-up testing for the differences in effects under different national contexts. The countries considered in the paper are Nordic countries, which has the advantage of comparing rather similar countries in terms of institutional, social and legislative systems, but with quite different types of geographic structures. It therefore allows for an analysis of the importance of population change for regional growth patterns in rather similar welfare systems but for countries what vary considerably in size and geographic structures. The analysis build on harmonized data for the Nordic countries covering the period 1994-2006.

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Paper provided by European Regional Science Association in its series ERSA conference papers with number ersa10p922.

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Date of creation: Sep 2011
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Handle: RePEc:wiw:wiwrsa:ersa10p922

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  1. Aki Kangasharju & Sari Pekkala, 2001. "Regional Labour Market Adjustment: Are Positive and Negative Shocks Different?," ERSA conference papers, European Regional Science Association ersa01p196, European Regional Science Association.
  2. Jaakko Pehkonen & Aki Kangasharju & Sanna-Mari Hynninen, 2009. "Matching inefficiencies, regional disparities and unemployment," Working Papers, Government Institute for Economic Research Finland (VATT) 4, Government Institute for Economic Research Finland (VATT).
  3. Elke Holst & C. Katharina SpieƟ, 2004. "The Transition into Work: Specialities for the Hidden Labour Force," Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research 428, DIW Berlin, German Institute for Economic Research.
  4. Gary S. Becker, 1981. "A Treatise on the Family," NBER Books, National Bureau of Economic Research, Inc, National Bureau of Economic Research, Inc, number beck81-1.
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