Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/109415
Authors: 
Park, Donghyun
Shin, Kwanho
Year of Publication: 
2011
Series/Report no.: 
ADB Economics Working Paper Series 281
Abstract: 
The demographic dividend that contributed substantially to economic growth in developing Asia in the past is dissipating. Population aging affects growth through savings, capital accumulation, labor force participation, and total factor productivity. We examined the impact of aging on those four channels in 12 developing Asian economies that collectively make up the bulk of the region's population and output. We then made projections about the effects of demographic change on the economic growth of the 12 from 2011 to 2020 and from 2021 to 2030. Our results indicate that there will be a sizable adverse economic impact where population aging is more advanced.
Persistent Identifier of the first edition: 
Creative Commons License: 
http://creativecommons.org/licenses/by/3.0/igo
Document Type: 
Working Paper

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