The Influence Of Population Age Structure To Economic Growth In Liao Ning

The relationship between population and economic growth is a two-way street. On the one hand, the population is an endogenous result of economic growth and social development; On the other hand, the population also could explain how economic grow and social develop. The population transition is also the result and the factor of economic growth. Age structure will change with the population transition and effect the people composition and deposit. So age structure can indirectly effect economic growth.Liao Ning, one of the biggest industrialized provinces in North part of China, its economic growth mainly depends on the development of technology and the funds and the labor resources. Since1949,the industry development, especially the heavy industry make Liao Ning own a lot of industrial workers, who laid the necessary labor foundation for economic development of Liao Ning province in last century. However, because of the influence of geographical location and the economic development, compared with eastern costal areas, Liaoning does not attract more floating population.With the weak awareness of fertility, Liao Ning province highlights the lower birth rate, which makes the process of population aging faster. The age structure could directly make the influence on labor quantity, so it also could effect economic growth. Therefore, the paper researchs the influences between age structure and economic growth, then works out the interior relationships between them.The paper, based on the related therory of the economics and population both at home and abroad, establishs the theoretical basis of writing. The article first reviews the age structure changing course in Liao Ning and finds out that Liao Ning is in demographic dividend period and its population aging degree is growing rapidly. Subsequently, in the discuss how the population age structure effect the economic growth. The paper takes the index of population burden into "SOLOW" model and gradually studys the real implications on GDP from rate of population burden.In the study of the population age structure and consumption and deposit, the paper conducts the co-integration model and granger causality test, which can study out the relationships between the age structure and the consumption or deposit. At last, the article expects the population age structure in the future and estimates its influences on economic growth.Through the detailed analysis and thesis, the paper gets some conclusions. The rate of the birth is very low and the process of aging of population has accelerated in the Liao Ning. Liao Ning is still in demographic dividend period and Lewis turning point does not come yet. Liaoning has a lot of labor resources in demographic dividend period, we should make good use of this advantage. Compared with the other areas in Liao Ning province, the age structure of the two economic circles which are centered with ShenYang and Da Lian are more older. The heavy population burden has bad effects on economic growth in Liao Ning. Especially, the children burden has worse and further effect than the old one. Population burden influences the consumption and the deposit. In the next few decades, aging of population will speed up sequentially in Liao Ning with the heavier burden for population. The contribution of the demographic dividend on the economic growth will disappear slowly.