The relation between an ageing population and economic growth in Bangladesh: evidence from an endogenous growth model
Article
Article Title | The relation between an ageing population and economic growth in Bangladesh: evidence from an endogenous growth model |
---|---|
ERA Journal ID | 18341 |
Article Category | Article |
Authors | Mamun, Shamsul Arifeen Khan (Author), Rahman, Mohammad Mafizur (Author) and Khanam, Rasheda (Author) |
Journal Title | Economic Analysis and Policy |
Journal Citation | 66, pp. 14-25 |
Number of Pages | 12 |
Year | 2020 |
Publisher | Elsevier |
Place of Publication | Australia |
ISSN | 0313-5926 |
Digital Object Identifier (DOI) | https://doi.org/10.1016/j.eap.2020.02.001 |
Web Address (URL) | https://www.sciencedirect.com/science/article/pii/S0313592619302528 |
Abstract | 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. |
Keywords | Bangladesh; ageing population; economic growth; time series analysis; cointegration analysis |
ANZSRC Field of Research 2020 | 380111. Labour economics |
440499. Development studies not elsewhere classified | |
380108. Health economics | |
380205. Time-series analysis | |
Public Notes | File reproduced in accordance with the copyright policy of the publisher/author. |
Byline Affiliations | Ministry of Education, Bangladesh |
School of Commerce | |
Institution of Origin | University of Southern Queensland |
https://research.usq.edu.au/item/q5v4v/the-relation-between-an-ageing-population-and-economic-growth-in-bangladesh-evidence-from-an-endogenous-growth-model
Download files
209
total views760
total downloads1
views this month7
downloads this month