IDEAS home Printed from https://ideas.repec.org/a/arh/jpopec/v3y2019i3p43-73.html
   My bibliography  Save this article

How the population of the Republic of Azerbaijan is ageing: causes and potential for social and economic development

Author

Listed:
  • Nailya Verdiyeva

    (Ministry of Labour and Social Protection of Population of the Republic of Azerbaijan, Baku, Azerbaijan)

Abstract

The article deals with the trends of population ageing in the Republic of Azerbaijan. The author considers the stages of change of population size and age structure in the 20th and the 21st centuries as a result of historical evolution of birth rate and death rate. Based on the analysis of fertility trends and life expectancy, it is shown that the decline in fertility has so far been the most important factor in the population ageing, whereas the decline in the mortality in older ages is only beginning to contribute to this process. It is emphasized that anomalies in the sex ratio at birth lead to accelerated ageing of the population. The gradual ageing and reduction of the share of the working-age population, as well as the growth of the dependency ratio and the exhaustion of the potential of the first demographic dividend, are also analysed in the paper.

Suggested Citation

  • Nailya Verdiyeva, 2019. "How the population of the Republic of Azerbaijan is ageing: causes and potential for social and economic development," Population and Economics, ARPHA Platform, vol. 3(3), pages 43-73, September.
  • Handle: RePEc:arh:jpopec:v:3:y:2019:i:3:p:43-73
    DOI: 10.3897/popecon.3.e47233
    as

    Download full text from publisher

    File URL: https://populationandeconomics.pensoft.net/article/47233/
    Download Restriction: no

    File URL: https://libkey.io/10.3897/popecon.3.e47233?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. John Bongaarts, 2013. "The Implementation of Preferences for Male Offspring," Population and Development Review, The Population Council, Inc., vol. 39(2), pages 185-208, June.
    2. David E. Bloom & David Canning & Günther Fink, 2010. "Implications of population ageing for economic growth," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 26(4), pages 583-612, Winter.
    3. Dean Baker & J. Bradford Delong & Paul R. Krugman, 2005. "Asset Returns and Economic Growth," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 36(1), pages 289-330.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Wenying Wu & Zhiwei Ni & Feifei Jin & Jian Wu & Ying Li & Ping Li, 2021. "Investment Selection Based on Bonferroni Mean under Generalized Probabilistic Hesitant Fuzzy Environments," Mathematics, MDPI, vol. 9(1), pages 1-21, January.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Patrick A. Imam & Mr. Christian Schmieder, 2024. "Aging Gracefully: Steering the Banking Sector through Demographic Shifts," IMF Working Papers 2024/118, International Monetary Fund.
    2. Patrick A. Imam, 2015. "Shock from Graying: Is the Demographic Shift Weakening Monetary Policy Effectiveness," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 20(2), pages 138-154, March.
    3. Andrew Sharpe, 2006. "Future Productivity Growth in Canada and Implications for the Canada Pension Plan," CSLS Research Reports 2006-01, Centre for the Study of Living Standards.
    4. Ibrahim Alshomaly & Walid Shawaqfeh, 2020. "The Effect of Export Diversification on the Economic Growth of West-Asian Arab Countries," Journal of Social Sciences (COES&RJ-JSS), , vol. 9(2), pages 429-450, April.
    5. Alexander Stimpfle & David Stadelmann, 2016. "Does Central Europe Import the Missing Women Phenomenon?," CREMA Working Paper Series 2016-04, Center for Research in Economics, Management and the Arts (CREMA).
    6. Yingzhu Yang & Rong Zheng & Lexiang Zhao, 2021. "Population Aging, Health Investment and Economic Growth: Based on a Cross-Country Panel Data Analysis," IJERPH, MDPI, vol. 18(4), pages 1-16, February.
    7. Paula Prenzel & Simona Iammarino, 2018. "Ageing labour: How does demographic change affect regional human capital?," Papers in Evolutionary Economic Geography (PEEG) 1832, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Aug 2018.
    8. Yunus Aksoy & Henrique S. Basso & Ron P. Smith & Tobias Grasl, 2019. "Demographic Structure and Macroeconomic Trends," American Economic Journal: Macroeconomics, American Economic Association, vol. 11(1), pages 193-222, January.
    9. Federico Barbiellini Amidei & Matteo Gomellini & Paolo Piselli, 2018. "The contribution of demography to Italy's economic growth: a two-hundred-year-long story," Questioni di Economia e Finanza (Occasional Papers) 431, Bank of Italy, Economic Research and International Relations Area.
    10. Héctor Bellido & Miriam Marcén, 2019. "Fertility and the business cycle: the European case," Review of Economics of the Household, Springer, vol. 17(4), pages 1289-1319, December.
    11. Olugbenga Oladinrin & Kasun Gomis & Wadu Mesthrige Jayantha & Lovelin Obi & Muhammad Qasim Rana, 2021. "Scientometric Analysis of Global Scientific Literature on Aging in Place," IJERPH, MDPI, vol. 18(23), pages 1-16, November.
    12. Alan Guoming Huang & Eric Hughson & J. Chris Leach, 2016. "Generational Asset Pricing, Equity Puzzles, and Cyclicality," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 22, pages 52-71, October.
    13. van der Velde, Lucas, 2022. "Phasing out: Routine tasks and retirement," Journal of Comparative Economics, Elsevier, vol. 50(3), pages 784-803.
    14. Heo, Ye Jin, 2022. "Population aging and house prices: Who are we calling old?," The Journal of the Economics of Ageing, Elsevier, vol. 23(C).
    15. Verónica Amarante & Maira Colacce, 2022. "Multidimensional Poverty Among Older People in Five Latin American Countries," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 159(3), pages 945-965, February.
    16. Popoola, Grace Oluwatofunmi & Adeniyi, Olawamiwa Reuben & Omolehin, Raphael Ajayi, 2023. "Are Agricultural Households Resilient to Food Insecurity in Nigeria?," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 15(2), June.
    17. E. Wesley F. Peterson, 2017. "The Role of Population in Economic Growth," SAGE Open, , vol. 7(4), pages 21582440177, October.
    18. Sang-Hyop Lee & Jungsuk Kim & Donghyun Park, 2017. "Demographic Change and Fiscal Sustainability in Asia," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 134(1), pages 287-322, October.
    19. De Neve, Jan-Walter & Fink, Günther, 2018. "Children’s education and parental old age survival – Quasi-experimental evidence on the intergenerational effects of human capital investment," Journal of Health Economics, Elsevier, vol. 58(C), pages 76-89.
    20. Davis, Colin & Hashimoto, Ken-ichi & Tabata, Ken, 2022. "Demographic structure, knowledge diffusion, and endogenous productivity growth," Journal of Macroeconomics, Elsevier, vol. 71(C).

    More about this item

    Keywords

    Azerbaijan; age structure; life expectancy; fertility; population ageing; population growth rate; population size;
    All these keywords.

    JEL classification:

    • J0 - Labor and Demographic Economics - - General
    • J1 - Labor and Demographic Economics - - Demographic Economics

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:arh:jpopec:v:3:y:2019:i:3:p:43-73. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Teodor Georgiev (email available below). General contact details of provider: https://populationandeconomics.pensoft.net/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.