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Demographically bas...
Abstract
Ämnesord
Stäng
- Abstract Demographic projections of age structure provide the best information available on long-term future human resources and demand. Fairly robust correlations between age structure, GDP and GDP growth have been discovered in current data. In this paper we use these two facts to study the forecasting properties of previous termdemographically basednext term models. Extending the previous termforecastsnext term to 2050 suggests that, due to projected fertility decreases, the poor countries of today will start to catch up with developed economies, in which the growth process will stagnate due to the growth of the elderly population. This remains the case whether or not indications of positive longevity effects are taken into account.
Ämnesord
- SAMHÄLLSVETENSKAP -- Social och ekonomisk geografi -- Kulturgeografi (hsv//swe)
- SOCIAL SCIENCES -- Social and Economic Geography -- Human Geography (hsv//eng)
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Economics (hsv//eng)
Nyckelord
- Long-term forecasting; Panel data; Life expectancy; Catch-up; Age effects
- Human geography
- Kulturgeografi
- Economics
- Economics
Publikations- och innehållstyp
- ref (ämneskategori)
- art (ämneskategori)
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