Quotation Prettner, Klaus. 2013. Population aging and endogenous economic growth. Journal of Population Economics. 27 811-834.


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Abstract

We investigate the consequences of population aging for long-run economic growth perspectives. Our framework incorporates endogenous growth models and semi-endogenous growth models as special cases. We show that (1) increases in longevity have a positive impact on per capita output growth, (2) decreases in fertility have a negative impact on per capita output growth, (3) the positive longevity effect dominates the negative fertility effect in case of the endogenous growth framework, and (4) population aging fosters long-run growth in the endogenous growth framework, while its effect depends on the relative change between fertility and mortality in the semi-endogenous growth framework.

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Publication's profile

Status of publication Published
Affiliation External
Type of publication Journal article
Journal Journal of Population Economics
Citation Index SSCI
WU-Journal-Rating new FIN-A, VW-C, WH-B
Language English
Title Population aging and endogenous economic growth
Volume 27
Year 2013
Page from 811
Page to 834
Reviewed? Y
URL https://link.springer.com/article/10.1007/s00148-012-0441-9
DOI https://doi.org/10.1007/s00148-012-0441-9
Open Access Y
Open Access Link file:///C:/Users/kprettne/AppData/Local/Temp/Prettner2013_Article_PopulationAgingAndEndogenousEc-2.pdf

Associations

People
Prettner, Klaus (Details)
Organization
Department of Economics (Crespo Cuaresma) (Details)
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