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The Effects Of The Changes In Age Structure Of Population On Economic Growth In China

Posted on:2017-01-27Degree:MasterType:Thesis
Country:ChinaCandidate:Y YinFull Text:PDF
GTID:2297330482496214Subject:Political economy
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Effect of changes in population age structure on economic growth is conducive to scientific development of economic development policy and population policy. China as the world’s most populated country, in addition to the total population is still growing, the demographic changes brought about by changes in population age structure are quietly. Our economy has entered a “new normal”, while the aging population is becoming more level. In the rapidly changing age structure of China’s population of large background, Whether in theory or in practice, it has important practical significance to study on the effect of population age structure change on economic growth in China and to seek ways to cope with an aging population crisis in order to promote economic growth.Firstly, this paper sorts and summarizes relevant literature data and basic theory by literature research method. On this basis, this paper explored the mechanism of change in population age structure affect economic growth respectively, from four angles of the savings, consumption, human capital and technological innovation. Then, The current situation of population age structure and economic growth are statistically analyzed. On the basis of statistical analyses, using CobbDouglas production function, the introduction of population age structure, dependency ratio of this variable and the biochemical in labor input effect analysis and measure of population age structure on economic growth. Research shows: The characteristics of population age structure changes in China showed that the proportion of young population decreased significantly. Proportion of elderly population is growing rapidly. The proportion of working-age population is rising status, but the space is limited. Dependency ratio and economic growth was a negative relationship. Rising elderly dependency ratio inhibits effective labor and hinder the contribution of labor input factors to economic growth. The smaller child dependency ratio and the higher elderly is, the higher the level of household savings is, and more conducive to capital accumulation and economic growth. The level of consumption and the child dependency ratio was positively correlated. And the elderly dependency ratio is negatively correlated. The level of consumption and the total dependency ratio was positively correlated. Dependency burden will be reduced to some extent the stock of human capital. Thereby it will inhibite economic growth. Child dependency ratio and technological innovation was positively correlated. Elderly dependency ratio and total dependence ratio and technological innovation is negatively correlated. At last, this paper presents empirical results for the elderly to develop service industries, to delay retirement policy recommendations.
Keywords/Search Tags:Population age structure, Economic Growth, Dependency ratio, Human capital
PDF Full Text Request
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