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1 – 10 of over 2000
Open Access
Article
Publication date: 31 March 2020

Kamrul Hassan, Ruhul Salim and Harry Bloch

This article examines the impact of population age structure on the real exchange rate. Data on a panel of 22 OECD (Organization of Economic Cooperation and Development) countries…

Abstract

This article examines the impact of population age structure on the real exchange rate. Data on a panel of 22 OECD (Organization of Economic Cooperation and Development) countries over 1980–2015 period are used to estimate the empirical model. Using fixed effect model the paper finds that different age cohorts have a significant influence on the real exchange rates in the sample countries. The results are mostly consistent with the theoretical framework discussed in the paper and also with the findings of previous studies in this area. These results have important policy implications given the fact that the population is ageing in almost all the OECD economies these days.

Details

Journal of International Logistics and Trade, vol. 18 no. 1
Type: Research Article
ISSN: 1738-2122

Keywords

Open Access
Article
Publication date: 28 February 2023

Joseph Kopecky

This paper explores the empirical relationship between population age structure and bilateral trade.

Abstract

Purpose

This paper explores the empirical relationship between population age structure and bilateral trade.

Design/methodology/approach

The author includes age structure in both log and Poisson pseudo-maximum likelihood (PPML) formulations of the gravity equation of trade. The author studies relative age effects, using differences in the demographic structure of each country-pair.

Findings

The author finds that a relatively larger share of population in working age increases bilateral exports. This is robust to various estimation models, as well as to changes in the method of specifying the demographic controls. Old-age shares have a negative, but less robustly estimated impact on trade. Estimating instead the balance of trade between trading partners produces similar results, with positive effects of age structure peaking later in working life.

Practical implications

Global populations are poised to undergo a massive transition. Trade a crucial way that the demographic deficits of one country may be offset by the dividends of another as comparative advantages shift along with the size and strength of their underlying workforce.

Originality/value

The author’s work is among the first to quantify the effect of relative age structure between two countries and their bilateral trade flows. Focusing on the aggregate flows, relative age shares and PPML estimates of the trade relationship, this paper provides the most comprehensive picture to date on how age structure affects trade.

Details

Journal of Economic Studies, vol. 50 no. 8
Type: Research Article
ISSN: 0144-3585

Keywords

Abstract

Details

Population Change, Labor Markets and Sustainable Growth: Towards a New Economic Paradigm
Type: Book
ISBN: 978-0-44453-051-6

Abstract

Details

Population Change, Labor Markets and Sustainable Growth: Towards a New Economic Paradigm
Type: Book
ISBN: 978-0-44453-051-6

Article
Publication date: 12 October 2015

Mikiko Oliver

The purpose of this paper is to determine how population ageing is related to economic growth as measured by real GDP per capita in Japan. This study is to address the following…

6384

Abstract

Purpose

The purpose of this paper is to determine how population ageing is related to economic growth as measured by real GDP per capita in Japan. This study is to address the following questions: first, how is population composition by age group related to economic change? Second, how is the dependency ratio related to economic change? And finally, what are the predictions for economic growth in the future? This study answers these questions in relation to Japan.

Design/methodology/approach

Regression methods were applied to single-country data for the period 1975-2011.

Findings

This study finds that an increase in the 70-74 population age group is associated with a decrease in economic growth, while an increase in the 75 and over population age group is associated with an increase in economic growth in Japan.

Research limitations/implications

The relationships that were found in this study do not imply causation from demographic change to economic change.

Practical implications

One potential way of promoting sustainable economic growth under conditions of population ageing is to devise a comprehensive policy that focuses on demographic factors.

Originality/value

This study analyses population ageing and economic growth in Japan using single-country data by applying regression methods.

Details

International Journal of Sociology and Social Policy, vol. 35 no. 11/12
Type: Research Article
ISSN: 0144-333X

Keywords

Article
Publication date: 11 December 2019

Malin Song and Qianjiao Xie

The purpose of this paper is to analyze the influence of the green talent dividend on China’s economic growth and regional differences using a theoretical derivation of the…

Abstract

Purpose

The purpose of this paper is to analyze the influence of the green talent dividend on China’s economic growth and regional differences using a theoretical derivation of the Cobb–Douglas production function.

Design/methodology/approach

This study develops a measurement model with human capital based on Chinese inter-provincial panel data for 2001–2017, and analyzes the influences on economic growth of employees’ education level, per capita material capital, green labor participation rate and green jobs. The study explores the impact of the green talent dividend on regional economic growth for different regions.

Findings

Employees’ education level, per capita material capital, green labor participation rate and green jobs promote China’s economic growth. The dependency ratio hinders economic growth. The green labor participation rate impacts economic growth more than green jobs do. Furthermore, the scale of green talent in China and its dividend effect are regionally unbalanced. Therefore, to fully release the dividend of green talent, the green labor participation rate should be improved to promote the rational flow of talent among regions.

Practical implications

These findings shed light on the talent dividend, provide a theoretical basis for the formulation of relevant talent policies, and show that the demographic dividend can be transformed into the green talent dividend, which has practical significance for the sustainable development of China’s economy given its aging population.

Originality/value

This study provides a macro perspective on the green talent dividend’s impact on economic growth. The Cobb–Douglas production function in this study differs from the traditional micro perspective on green labor.

Details

International Journal of Manpower, vol. 41 no. 7
Type: Research Article
ISSN: 0143-7720

Keywords

Book part
Publication date: 26 November 2020

Corrado Bonifazi, Daniele De Rocchi and Giacomo Panzeri

Foreign immigration is one of the most important recent changes in Italy. As a consequence, similarly to the traditional European receiving countries, the process of integration…

Abstract

Foreign immigration is one of the most important recent changes in Italy. As a consequence, similarly to the traditional European receiving countries, the process of integration of immigrants has also become a crucial political issue in Italy. Labour market insertion of migrants is one of the key points of integration. In this chapter, we aim to provide a broad and updated overview of the migrant situation in the Italian labour market. Empirical evidence suggests that the crisis almost equally hits foreigners and Italian workers, without affecting the structural difference of treatments of these two groups. One of the aims of this work is to evaluate if the gap in terms of integration in the labour market and employment probability between foreigners and Italians has widened or decreased, considering that the labour market is probably the main channel of the integration process. The analysis is structured using a multinomial logit model and some contingency descriptive statistics exploiting, together with regular socio-demographic variables, regional and macro-area differences. The data come from the Italian Labour Force Survey (LFS) provided by ISTAT – Italian National Institute of Statistics – a quarterly survey with a rotating sample that provides an extensive overview of Italian labour market actors. Results show that foreigners have a greater employment probability than Italian natives, a probability that turns out to be better for those who arrived in Italy between 2000 and 2004. Nonetheless, foreigners are largely employed in low-paying or underqualified jobs, returning a low-profile picture of foreigners' integration in the Italian labour market.

Details

Integration of Migrants into the Labour Market in Europe
Type: Book
ISBN: 978-1-83909-904-5

Keywords

Book part
Publication date: 11 August 2016

Ping-fu (Brian) Lai and Wai Lun (Patrick) Cheung

This chapter introduces demographic variables in empirical regression to help find whether demographic changes have an impact on economic growth. There is evidence from estimated…

Abstract

This chapter introduces demographic variables in empirical regression to help find whether demographic changes have an impact on economic growth. There is evidence from estimated values in this chapter to suggest that there is no impact that demographic changes in Hong Kong is affecting the economic growth. The population growth has purely a transition impact where the fertility rate was low in early 2000 up to 2015 as the size of the dependency ratio increases. Besides testing demographic variables the government emphasises better education for all people of ages for prosperous growth but in fact has a negative response on educational investment on the growth of the economy. A well-educated country individual does not suggest a higher productivity in economy growth. An important implication is that there has been no single variable as yet that has seriously impacted the economy growth, but there will be changes in the coming years and has to be attended in result to avoid a diminishing economy.

Details

The Spread of Financial Sophistication through Emerging Markets Worldwide
Type: Book
ISBN: 978-1-78635-155-5

Keywords

Abstract

Details

Population Change, Labor Markets and Sustainable Growth: Towards a New Economic Paradigm
Type: Book
ISBN: 978-0-44453-051-6

Expert briefing
Publication date: 18 August 2023

A shrinking population and falling share of the population of working age are major factors influencing developments in the economy and society in the short and long term.

Details

DOI: 10.1108/OXAN-DB281323

ISSN: 2633-304X

Keywords

Geographic
Topical
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