| Autor: |
Tariq, Bilal, Abbas, Mazhar, Arshad, Zabair, Kafi, Md. Abdul, Osman, Nor Hasni Bt., Allumi, Nura Abubakar, Rahim, Mohd Kamarul Irwan Abdul, Razalli, Mohd Rizal Bin |
| Předmět: |
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| Zdroj: |
International Journal of Sustainable Development & Planning; Oct2024, Vol. 19 Issue 10, p3949-3956, 8p |
| Abstrakt: |
The research aims to explore the influence of demographic factors on economic growth as well as sectoral development. Research reveals which factors have more influence on economy and which sector is more affected by demographic variables. This study utilizes panel data to investigate the effect of demographic changes on economic growth. The analysis employs the pooled mean group/autoregressive distributed lag model (PMG/ARDL) to estimate the impact. The ARDL model is used to estimate the long run relationship between variables and short run dynamics as well. To determine the stationarity of the variables, panel unit root tests such as the Augmented Dickey-Fuller (ADF) and Phillips and Perron (PP) tests are employed. The findings of ARDL indicate that economic growth (GDP) is adversely affected by death rate (DR), population growth (PG) and migration (LNMIG), whereas birth rate (BR) and life expectancy (LE) have a positive impact on GDP over long term. This research contributes to the existing literature by offering a unique perspective on the interplay between demographics and economic growth within the South Asian context, potentially uncovering region-specific trends, challenges, and opportunities that may differ from other parts of the world. The research suggests policies for education, healthcare, investment, family planning, and migration policies to overcome the influence of these factors. Additionally, the research addresses the sustainable development goals that help to improve sustainability in these economies. [ABSTRACT FROM AUTHOR] |
| Databáze: |
Complementary Index |
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