The Analysis On The Impacts Of Chinese Population Aging On Economic Growth

Population aging is the inevitable product with the social and economic development to a certain stage.Population aging is closely related to economic development, affecting the economic development. Studying China’s population aging is good for maintaining economic growth.At present, China has entered the aging society. A large quantity, a fast speed and advanced aging are the characteristics of the population aging. In the future, there will be the trend of large regional differences, empty nest and serious advanced aging. By adding the elderly population factor in the economic analysis of the Solow model, the analysis result is:in the case of flat investment unchanged, the output will be reduced by reducing the investment, resulting in a negative effect. Meanwhile,there is also a zero effect state that does not have an impact on economic output after adding the elderly population factor. In this paper, the elderly population coefficient as a measure of China’s aging population indicator, analyze its impact on China’s economic growth.The research results:the existence of long-run equilibrium relationship between economic growth and aging population, the relationship about China’s economic growth and the elderly population coefficient is essentially negative in the long run. Economic growth will improve population growth rate, but this is only temporary. Population growth rate will eventually decline with economic growth in the long run. Finally, making a number of policy recommendations to deal with the aging.