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Impact of Population Aging on Asia’s Future Growth

Park, Donghyun - 2011

The demographic dividend that contributed substantially to economic growth in developing Asia in the past is dissipating. Population aging affects growth through savings, capital accumulation, labor force participation, and total factor productivity. We examined the impact of aging on those four...

Persistent link: https://www.econbiz.de/10013118646

Impact of population aging on Asia's future growth

Park, Donghyun; Shin, Kwanho - 2011

Persistent link: https://www.econbiz.de/10009379744

Impact of population aging on Asia's future growth

Park, Donghyun; Shin, Kwanho - In: Aging, economic growth, and old-age security in Asia, (pp. 83-110). 2012

Persistent link: https://www.econbiz.de/10010385931

Impact of population aging on Asia's future economic growth, 2021-2050

Park, Donghyun; Shin, Kwanho - In: Asian development review : studies of Asian and pacific … 40 (2023) 1, pp. 49-78

Developing Asia has grown faster than other parts of the world for decades. However, population aging is expected to pose significant headwinds to the region’s future economic growth. We update and enhance the analysis of Park and Shin (2012) to project the impact of population aging on...

Persistent link: https://www.econbiz.de/10014333414

Population aging, silver dividend, and economic growth

Park, Donghyun; Shin, Kwanho - 2023

While there are growing concerns about population aging, some studies explore the possibility that population aging can give rise to a silver dividend that contributes to economic growth (ADB 2019). While the demographic dividend refers to the increase of the working-age population, the silver...

Persistent link: https://www.econbiz.de/10014227869

Avoiding the middle-income trap : Korean lessons for China?

Murach, Michael; Wagner, Helmut; Kim, Jungsuk; Park, … - 2018 - (This version, October 2018)

We analyze and compare the pattern of economic growth and development of China and South Korea in the postwar period … potentially valuable lessons for China. The Asian giant moved from low income to middle income very quickly but now faces the … challenge of graduating to high income. In this paper, we empirically assess the main drivers of economic growth in China and …

Persistent link: https://www.econbiz.de/10012206272

When Fast Growing Economies Slow Down : International Evidence and Implications for the People’s Republic of China

Eichengreen, Barry; Park, Donghyun; Shin, Kwanho - 2011

level that the People’s Republic of China should achieve by or soon after 2015. Among our more provocative findings is that …

Persistent link: https://www.econbiz.de/10014180211

Trajectories to high income : comparing the growth dynamics in China, South Korea, and Japan with cointegrated VAR models

Murach, Michael; Wagner, Helmut; Kim, Jungsuk; Park, … - In: Structural change and economic dynamics : SC+ED 62 (2022), pp. 492-511

Persistent link: https://www.econbiz.de/10013534077

The People's Republic of China as an Engine of Growth for Developing Asia? Evidence from Vector Autoregression Models

Park, Donghyun - 2010

People's Republic of China (PRC) as a globally influential economic force is fueling hopes that it can supplement the US as …

Persistent link: https://www.econbiz.de/10013142887

Can Trade with the People’s Republic of China be an Engine of Growth for Developing Asia?

Park, Donghyun - 2010

of China (PRC) as a new source of demand and growth. The central objective of this paper is to empirically assess whether …

Persistent link: https://www.econbiz.de/10013142948