期刊名称：International Journal of Management and Business Studies
印刷版ISSN：2231-2463
电子版ISSN：2230-9519
出版年度：2012
卷号：2
期号：3
出版社：Cosmic Journals
摘要：The productive capacity of an economy is directly linked to the size of its working – age population relative to its total population, it is essential to distinguish between the two components when exploring the impact of demographic change on economic performance. Census 2011 data shows the overall percentage of children in 0-6 year’s age group has declined by 3.54% in Rajasthan. They constituted 18.85% of total population in 2001 compared to 15.31% in 2011. This indicates lowering fertility rates- a negative growth in this segment. Thus, Rajasthan is transforming demographically, in which population growth slows down, life expectancy increases, per capita income increases and participation of women in labourforce increases, but it has its own issues like illiteracy, income disparity, status of women and lower level of health care facilities. Demographic dividend is defined as a rise in the rate of economic growth due to rising share of working age people in population. Using OLS and IV estimates in cross district data of Rajasthan for 2001, paper confirms that the working age population has had a powerful positive impact on per capita net district domestic product, supporting the optimist camp. The coefficient on the working –age population is positive, statistically significant, and big: a one percent increase in the working age population is associated with a 3.02 percent increase in the NDDP per capita. The coefficient on young and old dependent population is negative and statistically significant: a one percent decrease in young age population is associated with about a 2.62 percent increase in NDDP per capita, while IV estimate suggest that a one percent increase in the working age population is associated with a 3.69 percent increase in the NDDP per capita, when it instrumented on Log % young population. Thus the growth of dependent population slows down economic growth. However, elderly dependent population is fewer impediments in the process of economic growth in Rajasthan.
