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The Effects of Age Structure on Economic Growth: An Application of Probabilistic Forecasting in India

  • Alexia Prskawetz
  • Thomas Kögel
  • Warren C. Sanderson
  • Sergei Scherbov

During recent years there has been an increasing awareness of the explanatory power of demographic variables in economic growth regressions. We estimate a new model of the effects of age structure change on economic growth. We use the new model and recent probabilistic demographic projections for India to derive the uncertainty of predicted economic growth rates caused by the uncertainty in demographic developments.

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Paper provided by Vienna Institute of Demography (VID) of the Austrian Academy of Sciences in Vienna in its series Working Papers with number 0403.

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Length: 30 pages
Date of creation: May 2009
Date of revision:
Handle: RePEc:vid:wpaper:0403
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