Otsu, Keisuke, Shibayama, Katsuyuki (2016) Population Aging and Potential Growth in Asia. Asian Development Review, 33 (2). pp. 56-73. ISSN 0116-1105. (doi:10.1162/ADEV_a_00072) (KAR id:58705)
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Language: English 
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| Official URL: http://dx.doi.org/10.1162/ADEV_a_00072 |
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Abstract
We study the effects of projected population aging on potential growth in Asian economies over the period 2015–2050. We find that an increase in the share of the population over 64 years of age will significantly lower output growth through decreased labor participation. Population aging can also reduce economic growth through increased labor income taxes and dampened productivity growth.
| Item Type: | Article |
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| DOI/Identification number: | 10.1162/ADEV_a_00072 |
| Uncontrolled keywords: | economic growth, population aging |
| Subjects: | H Social Sciences > HB Economic Theory |
| Divisions: | Divisions > Division of Human and Social Sciences > School of Economics |
| Depositing User: | K. Otsu |
| Date Deposited: | 17 Nov 2016 09:35 UTC |
| Last Modified: | 16 Feb 2021 13:39 UTC |
| Resource URI: | https://kar.kent.ac.uk/id/eprint/58705 (The current URI for this page, for reference purposes) |
| Shibayama, Katsuyuki: |
 https://orcid.org/0000-0003-3472-398X
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