英文摘要 |
Over the past few decades, the population growth of Taiwan has been decreasing, particularly with the increasing situations of late-marriage, no-marriage, late-childbearing, few-childbearing and even no-childbearing ever since the 1980s. The low fertility rate and ageing population have put demographic policies as the top of the agenda for Taiwan’s sustainable economic growth. In this study,we use theGEMTEEmodel – a computable general equilibriummodel with both investment and demographic dynamics – to provide baseline forecasting for Taiwan’s population and investigate its potential economic impacts. We also compare our results with predictions from Council of Economic Planning andDevelopment (CEPD)where Cohort-ComponentMethod (CCM) is used and all economic factors are set exogenously. Other things being equal, our results show that Taiwan’s population will decrease to 14.79million in 2060. Such a result ismore severe than that predicted by CEPD. Interdependency and feedbacks between demographic transition and economic factors, especially the labor force declining and income growth, bring into focus the importance of the problems of lowfertility rate and ageing population in Taiwan. |