- 영문명
- The Impacts of Demographic Changes on Regional Productivity: Evidence from Korea
- 발행기관
- 한국무역연구원
- 저자명
- 김정현(Jounghyeon Kim)
- 간행물 정보
- 『무역연구』제20권 제6호, 313~335쪽, 전체 23쪽
- 주제분류
- 경제경영 > 무역학
- 파일형태
- 발행일자
- 2024.12.31

국문 초록
Purpose - This study explores how demographic shifts, including the old- and young-age dependency ratios, the old- and young-age population ratios, and the population aging index, affect total factor productivity in 16 Korean provinces, including metropolitan regions, over the period from 2000 to 2022.
Design/Methodology/Approach - This study first estimates the measure of total factor productivity (TFP) using a standard Cobb-Douglas production function consisting of labor, physical capital, and human capital. Next, the pooled OLS and system GMM estimations are performed to examine how TFP responds to demographic changes.
Findings - The population aging measures of the old-age dependency ratio, the old-age population ratio, and the population aging index exert negative effects on regional productivity and growth, whereas the young-age dependency ratio and the young-age population ratio impart positive effects. Furthermore, regional government expenditures, foreign direct investment, and trade openness have positive effects.
Research Implications - Improving the labor quality of the elderly is essential to increasing regional productivity and economic growth. To ensure the working-age population, policies that boost the birth rate, which in turn increases the number of young people, must also be implemented. Furthermore, provincial government expenditures, foreign direct investment, and trade openness all play a critical role in productivity by raising production efficiency.
영문 초록
목차
Ⅰ. 서론
Ⅱ. 선행연구
Ⅲ. 실증분석
Ⅳ. 결론 및 시사점
References
해당간행물 수록 논문
참고문헌
- American Economic Review
- The Review of Economic Studies
- Economic Analysis
- Journal of Population Economics
- Oxford Review of Economic Policy
- The economic consequences of demographic change in East Asia
- Asian Economic Policy Review
- European Journal of Political Economy
- Journal of International Trade & Commerce
- Journal of Korean Economic Analysis
- Labour Economics
- National Bureau of Economic Research
- Korea Institute for Industrial Economics and Trade
- Korea Institute for Industrial Economics and Trade
- Korea Institute of Finance
- Korean Economic Studies
- Bank of Korea
- Journal of International Trade & Commerce
- National Assembly Budget Office Analysis & Evaluation Reports
- Journal of International Trade & Commerce
- Journal of Korean Economic Analysis
- Journal of Population Economics
- Quarterly Journal of Economics
- Journal of Korean Economic Development
- Journal of Korean Economic Development
- American Economic Journal: Macroeconomics
- Journal of Development Economics
- Journal of Eurasian Studies
- OECD MANUAL 2009
- Vienna Yearbook of Population Research
- Sustainability
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