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Demographic Transition, Savings, and Economic Growth in China and India

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  • Atish Dash
  • William Joe
  • Pradeep Agrawal

Abstract

This paper examines the impact of changing population age structure on economic growth in China and India. The paper present various theoretical perspectives and supporting evidence to emphasis the significance of harnessing the demographic dividend for the sustenance of growth and development. The analysis informs that, unlike China, India's savings and growth potential, as well as the magnitude and timing of its first demographic dividend, is adversely affected by the slow pace of fertility decline.

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  • Atish Dash & William Joe & Pradeep Agrawal, 2015. "Demographic Transition, Savings, and Economic Growth in China and India," Working Papers id:7586, eSocialSciences.
    • Handle: RePEc:ess:wpaper:id:7586
    Note: Institutional Papers
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    Cited by:

    1. Arup Mitra & Basanta K Pradhan, 2016. "Source of Livelihood and Inter-Temporal Mobility Evidence from Western odisha Villages," IEG Working Papers 364, Institute of Economic Growth.
    2. Nhung Thi Kim NGUYEN & Hiep Huu NGUYEN, 2017. "Impacts of Domestic Savings on Economic Growth of Vietnam," Asian Journal of Economic Modelling, Asian Economic and Social Society, vol. 5(3), pages 245-252, September.
    3. Nilanjana Roy, 2022. "Youth dependency ratio and total factor productivity: a study on Indian States," Indian Economic Review, Springer, vol. 57(2), pages 443-467, December.
    4. Joshua Adeyemi Ogunjimi & Dauda Olarotimi Oladipupo, 2019. "Dynamics of Demographic Structure and Economic Growth in Nigeria," Asian Journal of Economics and Empirical Research, Asian Online Journal Publishing Group, vol. 6(2), pages 186-196.
    5. Joshua Adeyemi Ogunjimi & Dauda Olarotimi Oladipupo, 2019. "Dynamics of Demographic Structure and Economic Growth in Nigeria," Asian Journal of Economics and Empirical Research, Asian Online Journal Publishing Group, vol. 6(2), pages 186-196.
    6. Chaurasia, Aalok Ranjan, 2020. "Economic Growth and Population Transition inChina and India 1990-2018," MPRA Paper 101130, University Library of Munich, Germany.

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    More about this item

    Keywords

    Economic growth; demographic transition; demographic dividend; India; China; savings; economic growth; ARDL; development; India; population; age structure.;
    All these keywords.

    JEL classification:

    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

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