The Impact of the Demographic Transition on Local Economic Growth: An Empirical Study of Taipei County
碩士 === 國立成功大學 === 國際管理碩士在職專班 === 99 === This research undertakes a study of the demographic transition in New Taipei City, and the effects of the demographic transition, especially the old age population growth, education expenditure and saving growth, on economic growth by using the ordinary least...
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| Format: | Others |
| Language: | en_US |
| Published: |
2011
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| Online Access: | http://ndltd.ncl.edu.tw/handle/72762591339345566798 |
| Summary: | 碩士 === 國立成功大學 === 國際管理碩士在職專班 === 99 === This research undertakes a study of the demographic transition in New Taipei City, and the effects of the demographic transition, especially the old age population growth, education expenditure and saving growth, on economic growth by using the ordinary least squares multiple linear regression method. The research period is from 1979 to 2008. The study further takes the data of Taipei City and Kaohsiung City into account as a reference when making suggestions since New Taipei City was promoted to a special municipality last year (Taipei and Kaohsiung cities were promoted to special municipalities in 1967 and 1979, respectively).
The empirical results illustrate that the growth rate of old age population, education expenditure and saving growth rate are positively related to economic growth. And the reasons this study inferred are as follows: The old age population would postpone their retirement and increase savings for paying more consumption in the old age. The prosperity of housing and caring service for the healthy and independent senior can bring economic growth as well. Training and education enhance the worker’s working skill and knowledge and improve the efficiency of production. The capital is accumulated through savings and stimulates investments to sustain economic development.
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