Abstract
Because the sustainability of the economic development model has drawn much attention recently, the academic circle and the government have begun to focus on the population of minority areas. In past literature, due to the lack of the positive analysis of the relationship between minority population transition and economic development, and due to sample limitation and other factors, the research result is not very convincing. This paper used the economic convergence theory to establish a theoretical model, and selected the panel data in eight minority-concentrated provinces from 1992 to 2012 to analyze the impact of population transition in these provinces on economic growth. The result reveals a significant positive correlation between investment, human capital, the growth rate of labor and per capita GDP growth, a significant negative correlation between children’s dependency ratio and per capita GDP growth, and an uncertain relationship between elderly dependency ratio and per capita GDP growth. To maximize the democratic dividend, it is necessary to speed up the development of educational undertakings in minority areas, and to accelerate the industrial structure transition of minority areas. It is also important to perfect institutional improvement of minority areas.
Highlights
Economic growth is the eternal theme of economics in the world [1]
Demographic variables have a significant influence on economic growth, because the demographic transition is related to the sustainability of economic growth and the change of population policy
Zhang (2009) analyzed the demographic dividend period formation in Xinjiang on the basis of demographic dividend theory; this study showed that the demographic dividend in Xinjiang had a big influence on Xinjiang’s economic growth [9]
Summary
Economic growth is the eternal theme of economics in the world [1]. Since the reform and opening up, Chinese economy has realized the leapfrog development, which is usually called the “Chinese miracle”. The big proportion of minority population to the total population in the western region, the complexity of ethnic composition, the variety of ethnic groups, the differences of language, religion, ideas among different ethnic groups all contribute to the complexity of the relationship among different ethnic groups and the complexity of the environment for economic and social development This situation will to some extent affect investment, development, talent introduction in minority areas. This paper will combine economic convergence theory to construct a theoretical model, and select panel data of eight provinces and ethnic minority autonomous regions (Tibet, Xinjiang, Inner Mongolia, Guangxi, Ningxia, Qinghai, Yunnan, Guizhou) from 1992 to 2012 to analyze the effects of demographic transition on economic growth. We offer a whole picture of population development and realization of demographic dividend in the eight provinces
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have