英文摘要 |
This paper analyzes the impact of the declining fertility rate and aging society on the economic growth through innovation. The purposes of this paper include, firstly, analyzing global data to determine how the declining fertility rate and aging society and its resulting depopulation impact the economy; secondly, studying the relationship between the rate of population growth and the rate of economic growth using long-term data; thirdly, estimating the capital coefficient and the unit labor requirement in 1980s and thereafter, and discussing the roles of innovation; fourthly, analyzing how the declining fertility rate and aging society will impact economic growth through innovation. The principal conclusion of this paper is that, for a hyper-aged and depopulating society, globalization will facilitate innovation and is considered essential for maintaining sustainable economic growth. |