The convergence of population aging: Evidence from OECD countries

DOI

10.2991/978-2-38476-257-6_7How to use a DOI?

Keywords

Population aging; convergence; spatial panel analysis; OECD

Abstract

This study applied the convergence framework to probe the trend in population aging in 38 OECD countries from 1990 to 2020. Also, several social-economic variables were collected as the control factors of population aging convergence. Our results showed that the EPR (share of 65 years and over) gap between OECD countries has narrowed throughout the study period based on sigma-convergence analysis. Further, absolute beta-convergence is revealed, which indicates that the countries with lower levels of EPR have the potential to accelerate the growth compared with those with higher levels of EPR. Moreover, the control variables such as share of health expenditure, disposable income, life expectancy, population size, and education factors can lead to the increase of EPR. Conversely, the increase in the total fertility rate could decrease the EPR.

Copyright

© 2024 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Wenwen Kang
AU  - Haixia Pu
AU  - Ying Guo
PY  - 2024
DA  - 2024/05/27
TI  - The convergence of population aging: Evidence from OECD countries
BT  - Proceedings of the 2024 International Conference on Applied Economics, Management Science and Social Development (AEMSS 2024)
PB  - Atlantis Press
SP  - 45
EP  - 53
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-2-38476-257-6_7
DO  - 10.2991/978-2-38476-257-6_7
ID  - Kang2024
ER  -