The DOI matches its Crossref record; 1 of the 1 references it cites were found in a registry or an index.
Implications of population ageing for economic growth
Abstract
The share of the population aged 60 and over is projected to increase in nearly every country in the world during the period 2005–50. Population ageing will tend to lower both labour-force participation and savings rates, thereby raising concerns about a future slowing of economic growth. Our calculations suggest that OECD countries are likely to see modest—but not catastrophic—declines in the rate of economic growth. However, behavioural responses (including greater female labour-force participation) and policy reforms (including an increase in the legal age of retirement) can mitigate the economic consequences of an older population. In most non-OECD countries, declining fertility rates will cause labour-force-to-population ratios to rise as the shrinking share of young people will more than offset the skewing of adults towards the older ages. These factors suggest that population ageing will not significantly impede the pace of economic growth in developing countries.
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Citations
Cites
Aging, natural death, and the compression of morbidity
Fries, J. F. (1980) · New England Journal of Medicine · doi:10.1056/nejm198007173030304 · Cited by 3,356
Cited by
Wang, H., Abbas, K. M., Abbasifard, M., Abbasi-Kangevari, M., Abbastabar, H., Abd-Allah, F., Abdelalim, A., Abolhassani, H., Abreu, L. G., Abrigo, M. R. M., et al. (2020) · The Lancet · doi:10.1016/s0140-6736(20)30977-6 · Cited by 1,971
Macroeconomic implications of population ageing and selected policy responses
Bloom, D. E., Chatterji, S., Kowal, P., Lloyd-Sherlock, P., McKee, M., Rechel, B., Rosenberg, L., & Smith, J. P. (2015) · The Lancet · doi:10.1016/s0140-6736(14)61464-1 · Cited by 769
Self-citationDemographics and Entrepreneurship
Liang, J., Wang, H., & Lazear, E. P. (2018) · Journal of Political Economy · doi:10.1086/698750 · Cited by 296
Demographic Structure and Macroeconomic Trends
Aksoy, Y., Basso, H. S., Smith, R. P., & Grasl, T. (2019) · American Economic Journal: Macroeconomics · doi:10.1257/mac.20170114 · Cited by 267
A novel monitoring system for fall detection in older people
Taramasco, C., Rodenas, T., Martinez, F., Fuentes, P., Munoz, R., Olivares, R., De Albuquerque, V. H. C., & Demongeot, J. (2018) · IEEE Access · doi:10.1109/access.2018.2861331 · Cited by 113
Metadata
- Authors
- Bloom, D. E., Canning, D., & Fink, G.
- Venue
- Oxford Review of Economic Policy
- Publisher
- Oxford University Press (OUP)
- Published
- 2010-12-01
- Volume
- 26
- Issue
- 4
- Pages
- 583-612
- ISSN
- 0266-903X (ISSN-L)
- 1460-2121
- OpenAlex
- W3023875212
- Cited by
- 870
- References
- 1
- FWCI
- 33.62
- Type
- journal article
- Language
- en
- Open access
- closed
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- Bloom, D. E., Canning, D., & Fink, G. (2010). Implications of population ageing for economic growth. Oxford Review of Economic Policy. https://doi.org/10.1093/oxrep/grq038
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
