期刊
EMPIRICAL ECONOMICS
卷 58, 期 5, 页码 2381-2402出版社
PHYSICA-VERLAG GMBH & CO
DOI: 10.1007/s00181-018-1612-7
关键词
Life expectancy; Economic growth; Panel cointegration analysis; Panel causality test; Long-run relationship; Short-run relationship
资金
- National Natural Science Foundation of China [71501070]
- Education Department Foundation of Hunan Province [15B150]
Using panel cointegration analysis and panel causality test, this paper investigates the long- and short-run linkages between life expectancy and economic growth for 65 countries within three levels of aging from 1980 to 2014. The estimation results indicate that there are significantly positive long-run relationships between life expectancy and GDP per capita (or total GDP) in most countries, but the specific relationships vary across aging levels. The positive impact of life expectancy on economic growth is stronger in group with higher level of aging. The panel causality tests reveal that there is short-run unidirectional causality running from life expectancy to economic growth for younger group, whereas there is unidirectional causality running from economic growth to life expectancy only for older group. The above conclusions further imply that population aging is affecting the linkages between life expectancy and economic growth.
作者
我是这篇论文的作者
点击您的名字以认领此论文并将其添加到您的个人资料中。
推荐
暂无数据