IDEAS home Printed from https://ideas.repec.org/a/arh/jpopec/v3y2019i3p43-73.html
   My bibliography  Save this article

How the population of the Republic of Azerbaijan is ageing: causes and potential for social and economic development

Author

Listed:
  • Nailya Verdiyeva

    (Ministry of Labour and Social Protection of Population of the Republic of Azerbaijan, Baku, Azerbaijan)

Abstract

The article deals with the trends of population ageing in the Republic of Azerbaijan. The author considers the stages of change of population size and age structure in the 20th and the 21st centuries as a result of historical evolution of birth rate and death rate. Based on the analysis of fertility trends and life expectancy, it is shown that the decline in fertility has so far been the most important factor in the population ageing, whereas the decline in the mortality in older ages is only beginning to contribute to this process. It is emphasized that anomalies in the sex ratio at birth lead to accelerated ageing of the population. The gradual ageing and reduction of the share of the working-age population, as well as the growth of the dependency ratio and the exhaustion of the potential of the first demographic dividend, are also analysed in the paper.

Suggested Citation

  • Nailya Verdiyeva, 2019. "How the population of the Republic of Azerbaijan is ageing: causes and potential for social and economic development," Population and Economics, ARPHA Platform, vol. 3(3), pages 43-73, September.
    • Handle: RePEc:arh:jpopec:v:3:y:2019:i:3:p:43-73
    DOI: 10.3897/popecon.3.e47233
    as

    Download full text from publisher

    File URL: https://populationandeconomics.pensoft.net/article/47233/
    Download Restriction: no
    File URL: https://libkey.io/10.3897/popecon.3.e47233?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. David E. Bloom & David Canning & Günther Fink, 2010. "Implications of population ageing for economic growth," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 26(4), pages 583-612, Winter.
    2. Dean Baker & J. Bradford Delong & Paul R. Krugman, 2005. "Asset Returns and Economic Growth," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 36(1), pages 289-330.
    3. John Bongaarts, 2013. "The Implementation of Preferences for Male Offspring," Population and Development Review, The Population Council, Inc., vol. 39(2), pages 185-208, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Wenying Wu & Zhiwei Ni & Feifei Jin & Jian Wu & Ying Li & Ping Li, 2021. "Investment Selection Based on Bonferroni Mean under Generalized Probabilistic Hesitant Fuzzy Environments," Mathematics, MDPI, vol. 9(1), pages 1-21, January.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Lars Hultkrantz, 2021. "Discounting in economic evaluation of healthcare interventions: what about the risk term?," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 22(3), pages 357-363, April.
    2. von Gaessler, Anne Edle & Ziesemer, Thomas, 2016. "Optimal education in times of ageing: The dependency ratio in the Uzawa–Lucas growth model," The Journal of the Economics of Ageing, Elsevier, vol. 7(C), pages 125-142.
    3. Sang-Hyop Lee & Jungsuk Kim & Donghyun Park, 2017. "Demographic Change and Fiscal Sustainability in Asia," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 134(1), pages 287-322, October.
    4. Patrick A. Imam & Mr. Christian Schmieder, 2024. "Aging Gracefully: Steering the Banking Sector through Demographic Shifts," IMF Working Papers 2024/118, International Monetary Fund.
    5. Patrick A. Imam, 2015. "Shock from Graying: Is the Demographic Shift Weakening Monetary Policy Effectiveness," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 20(2), pages 138-154, March.
    6. Renuga Nagarajan & Aurora A.C. Teixeira & Sandra T. Silva, 2013. "The impact of an ageing population on economic growth: an exploratory review of the main mechanisms," FEP Working Papers 504, Universidade do Porto, Faculdade de Economia do Porto.
    7. Carmen Herrero & Ricardo Martínez & Antonio Villar, 2019. "Population Structure and the Human Development Index," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 141(2), pages 731-763, January.
    8. Costantini, Valeria & Sforna, Giorgia, 2020. "A dynamic CGE model for jointly accounting ageing population, automation and environmental tax reform. European Union as a case study," Economic Modelling, Elsevier, vol. 87(C), pages 280-306.
    9. Francine D. Blau & Lawrence M. Kahn & Peter Brummund & Jason Cook & Miriam Larson-Koester, 2020. "Is there still son preference in the United States?," Journal of Population Economics, Springer;European Society for Population Economics, vol. 33(3), pages 709-750, July.
    10. Gehringer, Agnieszka & Prettner, Klaus, 2019. "Longevity And Technological Change," Macroeconomic Dynamics, Cambridge University Press, vol. 23(4), pages 1471-1503, June.
    11. Andreas Irmen, 2021. "Automation, growth, and factor shares in the era of population aging," Journal of Economic Growth, Springer, vol. 26(4), pages 415-453, December.
    12. David Vázquez Guzman, 2012. "A comparative study of well-being for elders in Mexico and England," Estudios Regionales en Economía, Población y Desarrollo. Cuadernos de Trabajo de la Universidad Autónoma de Ciudad Juárez. 9, Cuerpo Académico 41 de la Universidad Autónoma de Ciudad Juárez, revised 09 Dec 2012.
    13. Hajamini, Mehdi & Falahi, Mohammad Ali, 2018. "Economic growth and government size in developed European countries: A panel threshold approach," Economic Analysis and Policy, Elsevier, vol. 58(C), pages 1-13.
    14. Rashid Javed & Mazhar Mughal, 2022. "Changing patterns of son preference and fertility in Pakistan," Journal of International Development, John Wiley & Sons, Ltd., vol. 34(6), pages 1086-1109, August.
    15. Bloom, David E. & Sousa-Poza, Alfonso, 2013. "Ageing and Productivity: Introduction," IZA Discussion Papers 7205, Institute of Labor Economics (IZA).
    16. Michael Kuhn & Klaus Prettner, 2023. "Rising Longevity, Increasing the Retirement Age, and the Consequences for Knowledge‐based Long‐run Growth," Economica, London School of Economics and Political Science, vol. 90(357), pages 39-64, January.
    17. Kuhn, Michael & Prettner, Klaus, 2015. "Population structure and consumption growth: Evidence from National Transfer Accounts," ECON WPS - Working Papers in Economic Theory and Policy 01/2015, TU Wien, Institute of Statistics and Mathematical Methods in Economics, Economics Research Unit.
    18. Frank T. Denton & Byron G. Spencer, 2014. "Exploring the Population Implications of Male Preference When the Sex Probabilities at Birth Can Be Altered," Department of Economics Working Papers 2014-10, McMaster University.
    19. repec:got:cegedp:139 is not listed on IDEAS
    20. Yunus Aksoy & Henrique S. Basso & Ron P. Smith & Tobias Grasl, 2019. "Demographic Structure and Macroeconomic Trends," American Economic Journal: Macroeconomics, American Economic Association, vol. 11(1), pages 193-222, January.
    21. Lee, Hyun-Hoon & Shin, Kwanho, 2019. "Nonlinear effects of population aging on economic growth," Japan and the World Economy, Elsevier, vol. 51(C), pages 1-1.

    More about this item

    Keywords

    Azerbaijan; age structure; life expectancy; fertility; population ageing; population growth rate; population size;
    All these keywords.

    JEL classification:

    • J0 - Labor and Demographic Economics - - General
    • J1 - Labor and Demographic Economics - - Demographic Economics

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:arh:jpopec:v:3:y:2019:i:3:p:43-73. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Teodor Georgiev (email available below). General contact details of provider: https://populationandeconomics.pensoft.net/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.