期刊名称:Equilibrium. Quarterly Journal of Economics and Economic Policy
印刷版ISSN:1689-765X
电子版ISSN:2353-3293
出版年度:2019
卷号:14
期号:4
页码:591-609
DOI:10.24136/eq.2019.028
语种:English
出版社:Institute of Economic Research
摘要:Research background: The ageing phenomenon undermines the stability and equilibrium of the labour market and it affects the economic development of countries, as well as the welfare of older people aged over 65 years. Purpose of the article: Against this background, our research is conducted to assess the specific ways in which active ageing (measured through the active ageing index — AAI), correlated with other economic and labour market credentials, would impact the economic development of EU Member States. Methods: The research methodology consists of two econometric procedures, namely (i) cluster analysis performed on EU–28 countries to configure congruent groups according to similar fea tures of the active ageing (measured through the Active Ageing Index — AAI) and Gross Domes_x005f?tic Product (GDP) levels, respectively (ii) panel data analysis, applied distinctly on two panels, EU–15 (old) and EU–13 (new), relying on four macro-econometric models (robust regression, panel corrected standard errors, spatial lag and spatial error), in order to test the direct influences of AAI and other economic and social selected variables on economic development. The analysis is made for the 2010–2018 lapse of time, by capturing all the available data for the AAI as report ed by the European Commission. Findings & Value added: The results highlight important dissimilarities between the EU coun?tries that require a rethinking of policies for the active ageing population support. Thereby, con?stant policy rethinking, adequate strategies, measures and tools for the active ageing population support become outlier keystones that entail a successful integration of the older people within all life dimensions.
关键词:Active Ageing Index; European Union; economic development; labour market; macro-econometric modelling