WSEAS Transactions on Business and Economics
Print ISSN: 1109-9526, E-ISSN: 2224-2899
Volume 19, 2022
An Empirical Study on the Impact of Regional Population Age Structure on Urban and Rural Economic Growth
Author(s): Chien-Hsien Wu, Tzu-Kuang Hsu
Abstract: Whilst the shift in population structure remains one of the pivotal factors influencing urban and rural economic growth, a thorough probe into the relationship between the two is of important significance for beefing up economic growth in both urban and rural areas. On the basis of the results of literature analysis, this paper analyzes the theories related to regional population structure and urban and rural economic growth, builds an analysis model of the impact of regional population structure on urban and rural economic growth, and selects Fujian Province as the research object, combining multiple linear regression to carry out empirical analysis. Our results reveal that the shift in population structure would boost economic growth to a certain extent, yet due attention must be paid to improving the quality of population in order to avoid the decline in economic growth rate caused by the increase in old-age dependency ratio.
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Keywords: Shift in population structure, Economic growth, Demographic transition, Demographic dividend, Empirical research, Regional economic development
Pages: 1723-1730
DOI: 10.37394/23207.2022.19.156
WSEAS Transactions on Business and Economics, ISSN / E-ISSN: 1109-9526 / 2224-2899, Volume 19, 2022, Art. #156