Dynamic Analysis of Population and Its Economic Consequences Using Systems Approach

Document Type : Research Paper

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Abstract

This study aims to analyze dynamics of population evolutions and its economic consequences using system thinking approach. The study attempts to propose a model to utilize system thinking and dynamic system modeling in order to analyze economic dimensions of population evolutions. To identify key demographic variables and its consequences, content analysis of 201 papers published in Journal of Population Studies during the period of 2005-2014. System dynamic is a technique for modeling complex and nonlinear systems. Hence, a dynamic model was employed to indicate the casual relationships among identified variables. Results indicated that birth rate, death rate, migration, population aging, fertility rate, urbanization, and life expectancy have important role in predicting some economic variables such as labor, employment, GDP, income per capita, consumption, tax, savings, and budget.

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References

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Quarterly Journal of Social Development (Previously Human Development)
Volume 11, Issue 3 - Serial Number 43
Vol. 11, No. 3, Spring 2017
May 2017
Pages 167-194

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