A Research on the Impact of Negative Population Growth on Economic Growth from the Perspective of Technological Innovation:An Analysis Based on OECD Panel Data
The impact of negative population growth on economic growth has attracted increasing attention.Panel data from 24 OECD member countries that have experienced or are experiencing population decline from 1965 to 2021 are utilized to analyze the effect of population decline on economic growth.The results find that the correlation between overall population decline and economic growth is not significant,but the reduction of the working-age population will significantly inhibit economic growth;technological innovation has a regulating effect and can effectively weaken the negative impact of negative population growth on economic growth.In the case of short-term negative population growth,population reduction has little correlation with economic growth,but long-term population reduction will cause pressure on economic growth.Moreover,countries with faster aging populations experience more pronounced adverse effects of population decline on economic growth.It is suggested to solve the problem of negative population growth and insufficient labor force by improving the qual-ity of labor force and promoting scientific and technological innovation,and to mitigate the impact of aging population from the two aspects of"fertility"and"nursing",so as to alleviate the adverse impact of negative population growth on economic development.
negative population growthworking-age populationaging populationeconomic growthlabor qualitytechnological innovation
NETL
NSTL
万方数据
