The relation between an ageing population and economic growth in Bangladesh: Evidence from an endogenous growth model
| Autor: | Mohammad Mafizur Rahman, Shamsul Arifeen Khan Mamun, Rasheda Khanam |
|---|---|
| Rok vydání: | 2020 |
| Předmět: |
Economics and Econometrics
education.field_of_study Population ageing Endogenous growth theory 05 social sciences Economics Econometrics and Finance (miscellaneous) Population 0211 other engineering and technologies social sciences 02 engineering and technology Bivariate analysis Gross domestic product Capital formation Real gross domestic product 0502 economics and business Economics Per capita Demographic economics 021108 energy 050207 economics education health care economics and organizations |
| Zdroj: | Economic Analysis and Policy. 66:14-25 |
| ISSN: | 0313-5926 |
| DOI: | 10.1016/j.eap.2020.02.001 |
| Popis: | This paper examines the short-run and long-run relationships between an ageing population and economic growth in Bangladesh using time series data for the period between 1972–2015. We employed a bivariate endogenous growth model to investigate the relationship between the population aged 65 years and above and per capita gross domestic product (GDP). The study found that there is a long-run positive relationship between the ageing population and per capita real GDP. The relationship runs from an ageing population to per capita real GDP, given that there is an increasing capital formation process in the economy. Therefore, the elderly population is not a matter of concern for Bangladesh as long as per capita capital formation has been greater than that of per capita ageing population. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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