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Analysis Of The Macroeconomic Effects Of Population Aging In Romania Using Non-Linear Models

Author

Listed:
  • Mariana BALAN

    (“Athenaeum” University- Bucharest)

  • Rodica Perciun

    (National Institute for Economic Research, Academy of Sciences of Moldova)

Abstract

Demographic ageing has turned lately into an extremely sensitive and sometimes thorny issue with deep impact on all generations and on most fields of economic activity. Romania, just like any other European countries is faced currently with demographic decrease. The demographic changes of the next decades are susceptible of having a significant impact on Romania’s economic development. Demographic ageing as such, negatively affects GDP growth by diminishing factors’ entry. Moreover, this phenomenon has a negative impact on GDP per capita, especially for the future, mainly because of the decline in the employed population segment. In this context, knowing the future evolution of population plays a determinant role in adopting measures and policies for economic growth. The paper intends, in this stage of research, to analyse and forecast the demographic ageing of Romania’s population by using non-linear models.

Suggested Citation

  • Mariana BALAN & Rodica Perciun, 2016. "Analysis Of The Macroeconomic Effects Of Population Aging In Romania Using Non-Linear Models," Internal Auditing and Risk Management, Athenaeum University of Bucharest, vol. 41(1), pages 13-24, March.
    • Handle: RePEc:ath:journl:v:41:y:2016:i:1:p:13-24
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    References listed on IDEAS

    as
    1. Tony Meagher & James Giesecke, 2008. "Population Ageing and Structural Adjustment," Australian Journal of Labour Economics (AJLE), Bankwest Curtin Economics Centre (BCEC), Curtin Business School, vol. 11(3), pages 227-247.
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