Does a shrinking labor force reduce FDI inflows in OECD countries?

被引：4

作者：

Mitra, Rajarshi ^{[1
]}

Abedin, Md Thasinul ^{[2
]}

机构：

[1] Tokyo Int Univ, Inst Int Strategy, 1-13-1 Matoba Kita, Kawagoe, Saitama 3501197, Japan

[2] Univ Chittagong, Fac Business Adm, Dept Accounting, Chittagong, Bangladesh

来源：

APPLIED ECONOMICS LETTERS | 2022年 / 29卷 / 17期

关键词：

Cointegration; FDI; long-run; short-run; unit root; UNIT-ROOT TESTS; PANEL-DATA; COINTEGRATION;

D O I：

10.1080/13504851.2022.2025996

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

If the problem of population ageing persists and the working-age population in OECD countries shrinks, then according to the neoclassical theory of economic growth, capital inflows into the OECD countries will decrease. Based on this premise, we investigate the dynamic links between the working-age population (% of total population) and net FDI inflows (% of GDP), controlling for trade openness, domestic investment and market size for a panel of 22 OECD countries over the period of 1972-2019. Bidirectional causalities are identified between the working-age population (% of total population) and net FDI inflows (% of GDP). A decline in the working-age population (% of total population) is found to be associated with a significant decline in net FDI inflows (% of GDP).

引用

页码：1654 / 1658

页数：5

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