2024
DOI: 10.55493/5002.v14i6.5076
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The implications of population ageing on economic growth: Evidence of nonlinearity

Charmaine Savia Siqueira Lobo,
Savio da Piedade Falleiro

Abstract: The purpose of this study is to investigate the influence of population ageing on economic growth, a topic that has received inconclusive results. The Fixed Effects Model is used to analyze 5-year non-overlapping growth regressions on a panel of 72 nations spanning three decades. Data is extracted from the World Bank database and Penn World Tables. Findings indicate that in the short-run, population ageing positively impacts economic growth; nevertheless, a nonlinear relationship is observed in the long-run, h… Show more

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