Dose the increasing burden of social endowment affect sustainable development of economy?

ABSTRACT: The rapid increase in the number of older people under the background of population aging has gradually changed the disease spectrum of society, making aging diseases more prevalent, and increasing the demand for health care services, medical and health services, and health insurance among older people, ultimately leading to increasing household and social spending on old age. This study is conducted to assess the impact of those spending burden on the sustainable development of economy and find out some practical and effective solutions. This paper constructs a theoretical model to illustrate the relationship between the old-age dependency ratio and the marginal product of capital (MPK), and then establishes a two-way fixed effect model based on transnational panel data of 81 countries fr

SUBMITTER: Yu Z 

PROVIDER: S-EPMC10760761 | biostudies-literature | 2024

REPOSITORIES: biostudies-literature