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Consumption- and Productivity-Adjusted Dependency Ratio with Household Structure Heterogeneity

dc.contributor.authorXuehui Han
dc.contributor.authorYuan Cheng
dc.date.accessioned2018-02-14T18:40:33Z
dc.date.available2018-02-14T18:40:33Z
dc.date.issued2017-12-30
dc.identifier.issn2313-6537 (Print)
dc.identifier.issn2313-6545 (electronic)
dc.identifier.urihttp://hdl.handle.net/11540/7814
dc.description.abstractIn this study, we construct a new dependency ratio measure by taking into account the consumption needs of the young and elderly people, and the productivity of middle-aged people. Different from the way that Cutler et al. (1990) and Weil (1999) constructed the relative needs by using the average consumptions of each age cohort of people, we estimate the factor of relative needs of people at different ages based on a regression model, which embraces the household age compositions and size in the assessment. Our analysis uses household survey data from five developing countries in Asia—Bangladesh, Cambodia, the People’s Republic of China (PRC), Thailand, and Vietnam. To our best knowledge, this is among the pioneer work exploring such patterns for these countries. Focusing on the PRC, we further examine whether consumptions depend on the coresidence style. We found that (i) the consumption- and productivity-adjusted dependency ratio (both total and old dependency ratios) are consistently lower than the one that is traditionally defined across all five countries in our sample, and the differences vary from country to country; (ii) in the PRC, the differences between traditional dependency ratio and the consumption- and productivity-adjusted dependency ratio grow larger in more distant future; and (iii) in the PRC, the relatively younger elderly members between 65 and 72 years old help in reducing the consumption of young members in their households, and the elderly members who live alone consume more than their peers who live with their offspring. We also simulate the impacts of smaller households, urbanization, and economic growth on consumption for the PRC, based on our model.
dc.languageEnglish
dc.publisherAsian Development Bank
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.titleConsumption- and Productivity-Adjusted Dependency Ratio with Household Structure Heterogeneity
dc.typeWorking Papers
dc.subject.expertEconomic development
dc.subject.expertStandard of living
dc.subject.expertTrade development
dc.subject.expertEmployment
dc.subject.expertPerformance appraisal
dc.subject.expertNeeds assessment
dc.subject.expertInput output analysis|ADB
dc.subject.expertEmployment
dc.subject.expertPerformance appraisal
dc.subject.expertProject failure
dc.subject.expertProject impact
dc.subject.expertProject appraisal
dc.subject.expertCareer development
dc.subject.expertVocational training
dc.subject.adbDevelopment Challenges
dc.subject.adbAsian Development Bank
dc.subject.adbDevelopment Management
dc.subject.adbSkills Development
dc.subject.adbPerformance Evaluation
dc.subject.adbEvaluation Methods
dc.subject.adbEvaluation
dc.subject.adbJob Evaluation
dc.subject.adbStaff Development
dc.subject.naturalLabor policy
dc.subject.naturalManpower policy
dc.subject.naturalPromotions
dc.subject.naturalCareer development
dc.subject.naturalJob analysis
dc.subject.naturalParticipative management
dc.subject.naturalGrievance procedures
dc.subject.naturalSupervisors
dc.subject.naturalVocational guidance
dc.subject.naturalLabor policy
dc.subject.naturalRural manpower policy
dc.subject.naturalCareer development
dc.subject.naturalApplications for positions
dc.subject.naturalAffirmative action programs
dc.subject.naturalLabor turnover
dc.title.seriesADB Economics Working Paper Series
dc.title.volumeNo. 531
dc.contributor.imprintAsian Development Bank
oar.themeDevelopment
oar.themeEvaluation
oar.adminregionAsia and the Pacific Region
oar.countryBangladesh
oar.countryBhutan
oar.countryIndia
oar.countryMaldives
oar.countryNepal
oar.countrySri Lanka
oar.countryBrunei Darussalam
oar.countryCambodia
oar.countryIndonesia
oar.countryLao People's Democratic
oar.countryMalaysia
oar.countryMyanmar
oar.countryPhilippines
oar.countrySingapore
oar.countryThailand
oar.countryViet Nam
oar.countryCook Islands
oar.countryFiji Islands
oar.countryKiribati
oar.countryMarshall Islands
oar.countryFederated States of Micronesia
oar.countryNauru
oar.countryPalau
oar.countryPapua New Guinea
oar.countrySamoa
oar.countrySolomon Islands
oar.countryTimor-Leste
oar.countryTonga
oar.countryTuvalu
oar.countryVanuatu
oar.countryAfghanistan
oar.countryArmenia
oar.countryAzerbaijan
oar.countryGeorgia
oar.countryKazakhstan
oar.countryKyrgyz Republic
oar.countryPakistan
oar.countryTajikistan
oar.countryTurkmenistan
oar.countryUzbekistan
oar.countryPeople's Republic of China
oar.countryHong Kong
oar.countryChina
oar.countryRepublic of Korea
oar.countryMongolia
oar.countryTaipei,China
oar.identifierOAR-007412
oar.authorHan, Xuehui
oar.authorCheng, Yuan
oar.importTRUE
oar.googlescholar.linkpresenttrue


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