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Economic growth under the demographic transition: a theory and some international evidence

In: The Economics of an Ageing Population

Author

Listed:
  • Shin-ichi Fukuda
  • Ryoko Morozumi

Abstract

The Economics of an Ageing Population studies the effects of demographic transition on the economies of industrialised countries. The authors demonstrate that an ageing population does not necessarily lead to a reduction in growth, providing that the working population are more productive and save a greater percentage of their income. They look in detail at the examples of Italy and Japan, two countries which have the fastest ageing populations in Europe and the world respectively.

Suggested Citation

  • Shin-ichi Fukuda & Ryoko Morozumi, 2004. "Economic growth under the demographic transition: a theory and some international evidence," Chapters, in: Paolo Onofri (ed.), The Economics of an Ageing Population, chapter 1, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:3381_1
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    Cited by:

    1. Fukuda, Shin-ichi & Okumura, Koki, 2021. "The aging society, savings rates, and regional flow of funds in Japan," Journal of the Japanese and International Economies, Elsevier, vol. 62(C).
    2. Robert L. Clark & Naohiro Ogawa & Makoto Kondo & Rikiya Matsukura, 2010. "Population Decline, Labor Force Stability, and the Future of the Japanese Economy," European Journal of Population, Springer;European Association for Population Studies, vol. 26(2), pages 207-227, May.

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