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The impact of population aging on economic growth

In: Proceedings of the 2023 3rd International Conference on Financial Management and Economic Transition (FMET 2023)

Author

Listed:
  • Qianhui You

    (Sun Yat-sen University)

Abstract

The purpose of this paper is to study the impact of population aging on economic growth rate and whether the impact is through. The transmission is carried out by the way that affects the consumption level of residents and the consumption expenditure of the government. Based on the econometrics research method, this paper uses the comprehensive data of regional economy in CSMAR database to explore the role of the elderly population dependency ratio, which reflects the degree of aging, in economic growth. This paper will use relevant statistical data, set up a panel model based on six provinces and cities for fixed-effect regression, quantify the impact degree, and finally get the conclusion that population aging will significantly affect the local economic growth rate. By studying the relationship between population aging and economic growth, we can have a deeper understanding of the factors affecting economic growth, and provide empirical basis for the formulation of population policies and education policies.

Suggested Citation

  • Qianhui You, 2024. "The impact of population aging on economic growth," Advances in Economics, Business and Management Research, in: Vilas Gaikar & Min Hou & Yan Li & Yan Ke (ed.), Proceedings of the 2023 3rd International Conference on Financial Management and Economic Transition (FMET 2023), pages 169-177, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-272-9_18
    DOI: 10.2991/978-94-6463-272-9_18
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