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Economic impact of gain in life expectancy: a case study of India
International Journal of Social Economics Pub Date : 2023-11-06 , DOI: 10.1108/ijse-06-2022-0422
Sujoy Das

Purpose

Few empirical studies examined the relationship between life expectancy and income in India. This study aims to examine the impact of life expectancy on economic growth in India by incorporating all the major states of India.

Design/methodology/approach

This study is based on secondary data and includes 16 major states of India covering the periods 2000–2014. The author used panel fixed effect model (FEM) to examine the impact of life expectancy on economic growth.

Findings

Empirical analysis revealed a positive trend in life expectancy in India. In association with life expectancy, the author found continuous growth in the elderly population. The result of the FEM shows that gains in life expectancy positively affect economic growth in India. The empirical findings do not support any negative impact of life expectancy gains on economic growth.

Originality/value

This study is the outcome of the independent and original research work of the authors and contributes significantly to the literature on the demography–economic relationship. The findings of this study help the author to understand that life expectancy gain is in no way a constraint, rather the skill and experience of the workforce are crucial to determining economic growth.

Peer review

The peer review history for this article is available at: https://publons.com/publon/10.1108/IJSE-06-2022-0422.



中文翻译:

预期寿命延长的经济影响:印度案例研究

目的

很少有实证研究考察印度的预期寿命和收入之间的关系。本研究旨在通过纳入印度所有主要邦来研究预期寿命对印度经济增长的影响。

设计/方法论/途径

本研究基于二手数据,涵盖 2000 年至 2014 年期间印度 16 个主要邦。作者利用面板固定效应模型(FEM)检验了预期寿命对经济增长的影响。

发现

实证分析显示印度的预期寿命呈积极趋势。作者发现,与预期寿命相关,老年人口持续增长。有限元分析的结果表明,预期寿命的延长对印度的经济增长产生积极影响。实证结果并不支持预期寿命的延长对经济增长产生任何负面影响。

原创性/价值

这项研究是作者独立和原创研究工作的成果,对人口学与经济关系的文献做出了重大贡献。这项研究的结果帮助作者理解,预期寿命的延长绝不是一种限制,相反,劳动力的技能和经验对于决定经济增长至关重要。

同行评审

本文的同行评审历史记录位于:https://publons.com/publon/10.1108/IJSE-06-2022-0422。

更新日期:2023-11-03
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