Event Title

Demographic Changes and Economic Growth: Evidence from Asian Countries

Graduation Year

2013

Location

Room C102, Center for Natural Sciences, Illinois Wesleyan University

Start Date

20-4-2013 11:00 AM

End Date

20-4-2013 12:00 PM

Description

Asia has witnessed robust growth since the 1960s and the so-called “East Asian economic miracle”. Even till today when the world’s largest economies are suffering from debt and banking crises, emerging markets in Asia have managed to maintain rapid growth. In the meantime, significant demographic changes are taking place in Asian countries. Although existing studies have found demographic changes and economic growth closely related, such findings are rather inconsistent and a defined relationship cannot be concluded. Using an economic growth model, this article further examines the relationship between demographic changes and economic growth in Asia with data spanning from the 1960s to the first decade of the current century. The results find various extents to which demographic changes have affected the economic growth in the region and their potential impact in the future.

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Apr 20th, 11:00 AM Apr 20th, 12:00 PM

Demographic Changes and Economic Growth: Evidence from Asian Countries

Room C102, Center for Natural Sciences, Illinois Wesleyan University

Asia has witnessed robust growth since the 1960s and the so-called “East Asian economic miracle”. Even till today when the world’s largest economies are suffering from debt and banking crises, emerging markets in Asia have managed to maintain rapid growth. In the meantime, significant demographic changes are taking place in Asian countries. Although existing studies have found demographic changes and economic growth closely related, such findings are rather inconsistent and a defined relationship cannot be concluded. Using an economic growth model, this article further examines the relationship between demographic changes and economic growth in Asia with data spanning from the 1960s to the first decade of the current century. The results find various extents to which demographic changes have affected the economic growth in the region and their potential impact in the future.