• Title/Summary/Keyword: aging population

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A Study on the Dynamics of the Local Government Finance in Accordance with the Aging Population (고령화에 따른 지방재정의 동태성 분석)

  • Choi, Nam-Hee
    • Korean System Dynamics Review
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    • v.13 no.4
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    • pp.5-31
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    • 2012
  • This paper aims at investigating the dynamics between aging population and local finance. In recent years, the aging rate has been accelerating the pace. The trend implies that Korea is moving towards the aging society, presumably, with unprecedented speed in the world. Aging society's biggest problems are centered around the explosive growth of the financial needs. In particular, these problems are apt to appear more seriously in local governments, as most of them are confronted with high level of aging population and poor financial bases. Firstly, it analyzes how the population structure in the local government impacts local finance, income and expenditure. Based upon in-depth literature reviews, this study examines variables related to aging population and local fiance. Secondly, it focuses on a series of positive and negative feedback loops which would reveal the essence of the mutual interaction structure between aging population and local governments' fiscal behaviors.

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Spatial Distribution of Aging District in Taejeon Metropolitan City (대전광역시 노령화 지구의 공간적 분포 패턴)

  • Jeong, Hwan-Yeong;Ko, Sang-Im
    • Journal of the Korean association of regional geographers
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    • v.6 no.2
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    • pp.1-19
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    • 2000
  • This study is to investigate and analyze regional patterns of aging in Taejeon Metropolitan city-the overpopulated area of Choong-Cheong Province-by cohort analysis method. According to the population structure transition caused by rapid social and economic changes, Korea has made a rapid progress in population aging since 1970. This trend is so rapid that we should prepare for and cope with aging society. It is not only slow to cope with it in our society, but also there are few studies on population aging of the geographical field in Korea. The data of this study are the reports of Population and Housing Censuses in 1975 and 1985 and General Population and Housing Censuses with 10% sample survey in 1995 taken by National Statistical Office. The research method is to sample as the aging district the area with high aged population rate where the populations over 60 reside among total population during the years of 1975, 1985, 1995 and to sample the special districts of decreasing population where the population decreases very much and the special districts of increasing population in which the population increases greatly, presuming that the reason why aged population rate increases is that non-elderly population high in mobility moves out. It is then verified and ascertained whether it is true or not with cohort analysis method by age. Finally regional patterns in the city are found through the classification and modeling by type based on the aging district, the special districts of decreasing population, and the special districts of increasing population. The characteristics of the regional patterns show that there is social population transition and that non-elderly population moves out. The aging district with the high aged population rate is divided into high-level keeping-up type, relative falling type below the average of Taejeon city in aging progress, and relative rising type above the average of the city. This district can be found at both the central area of the city and the suburbs because Taejeon city has the characteristic of over-bounded city. But it cannot be found at the new built-up area with the in-migration of large population. The special districts of decreasing population where the population continues to decrease can be said to be the population doughnuts found at the CBD and its neighboring inner area. On the other hand, the special districts of increasing population where the population continues to increase are located at the new built-up area of the northern part in Taejeon city. The special districts of decreasing population are overlapping with the aging district and higher in aged population rate by the out-migration of non-elderly population. The special districts of increasing population are not overlapping with the aging district and lower in aged population rate by the in-migration of non-elderly population. To clarify the distribution map of the aging district, the special districts of decreasing and increasing population and the aging district are divided into four groups such as the special districts of decreasing population group-the same one as the aging district, the special districts of decreasing population group, the special districts of increasing population group, and the other district. With the cohort analysis method by age used to investigate the definite increase and decrease of aging population through population transition of each group, it is found that the progress of population aging is closely related to the social population fluctuation, especially that aged population rate is higher with the out-migration of non-elderly population. This is to explain each model of CBD, inner area, and the suburbs after modeling the aging district, the special districts of decreasing population, and the special districts of increasing population in Taejeon city. On the assumption that the city area is a concentric circle, it is possible to divide it into three areas such as CBD(A), the inner area(B), and the suburbs(C). The special districts of increasing and decreasing population in the city are divided into three districts-the special districts of decreasing population(a), the special districts of increasing population(b), and the others(c). The aging district of this city is divided into the aging district($\alpha$) and the others($\beta$). And then modeling these districts, it is probable to find regional patterns in the city. $Aa{\alpha}$ and $Ac{\beta}$ patterns are found in the CBD, in which $Aa{\alpha}$ is the special district of decreasing population and is higher in aged population rate because of aged population low in mobility staying behind and out-migration of non-elderly population. $Ba{\alpha}$, $Ba{\beta}$, $Bb{\beta}$, and $Bc{\beta}$ patterns are found in the inner area, in which neighboring area $Ba{\alpha}$ pattern is located. $Bb{\beta}$ pattern is located at the new developing area of newly built apartment complex. $Cb{\beta}$, $Cc{\alpha}$, and $Cc{\beta}$ patterns are found in the suburbs, among which $Cc{\alpha}$ pattern is highest in population aging. It is likely that the $Cc{\beta}$ under housing land readjustment on a large scale will be the $Cb{\beta}$ pattern. As analyzed above, marriage and out-migration of new family, non-elderly population, with house purchase are main factors in accelerating population aging in the central area of the city. Population aging is responsible for the great increase of aged population with longer life expectancy by the low death rate, the out-migration of non-elderly population, and the age group of new aged population in the suburbs. It is necessary to investigate and analyze the regional patterns of population aging at the time when population problems caused by aging as well as longer life expectancy are now on the increase. I hope that this will help the future study on population aging of the geographical field in Korea. As in the future population aging will be a major problem in our society, local autonomy should make a plan for the problem to the extent that population aging progresses by regional groups and inevitably prepare for it.

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Does Population Aging Contribute to Increased Fiscal Spending?

  • LEE, Mihye
    • Asian Journal of Business Environment
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    • v.9 no.4
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    • pp.23-28
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    • 2019
  • Purpose - With rapid population aging in Korea, changes in the population structure will result in a rise in the fiscal burden. This paper investigates the effects of population aging on fiscal spending based on Korea's province data and country panel data from the OECD. Research design, data, and methodology - We use province-level fiscal data from Local Finance Integrated Open System and the Korean Statistical Information Service and also collect country panel data from the OECD. To investigate the relationship between population aging and fiscal expenditures, our analysis uses the fixed effects model. Results - The empirical analysis based on Korean local finance and country panel data show that population aging has a positive impact on social welfare expenditures and it also has a positive impact on spending related to children and the elderly, implying that population aging may lead to an increase in fiscal spending via an increase in social welfare expenditures and spending related to children and the elderly. Conclusion - These empirical results suggest that countries like Korea that expect to experience rapid population aging need to pay more attention to prepare for the expected increase in age-related spending in the near future.

The Changing Spatial Patterns of Aging Population in Korea (한국 인구고령화의 지역적 전개 양상)

  • Choi, Jae-Heon;Yoon, Hyun-Wi
    • Journal of the Korean Geographical Society
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    • v.47 no.3
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    • pp.359-374
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    • 2012
  • This paper intends to examine spatial patterns and regional variations of aging population in Korea based on census data for 163 areas during 1980~2010. It briefly investigates general characteristics of aging population in Korea from previous studies and clarifies spatial patterns of aging process at regional level with reference of population growth rate at different time periods. Cities in Korea are classified into several stages including aging society, aged society and super-aged society according to the percentages of aging population out of total population every five years. At the regional scale, the stage of aging society was revealed from 1980, while the stage of aged society was shown from 1995 and super-aged society was entered from 2000 in Korea. Eighty cities in the analysis were shown at the stage of super-aged society in 2010. The portions of aging population are highly related to city size and population growth rate. For instance, the cities both in small size and with low population growth rate are revealing high percentage of aging population. As of 2010, most rural areas are staged into super-aged society, while most cities within Seoul metropolitan area and mid-sized cities are kept in the stage of aging society. At regional scale, there are no significant statistical correlations between total fertility rate and aging population.

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Population Aging in Korea: Importance of Elderly Workers

  • JAEJOON LEE
    • KDI Journal of Economic Policy
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    • v.45 no.2
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    • pp.51-69
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    • 2023
  • Korea's population is aging at a faster pace than any other major country, and the adverse impact of this trend on the economy is predicted to be significant. This paper focuses on the macroeconomic effects of population aging with particular attention paid to the pace of aging in Korea. According to our analysis, it is difficult to offset the decline in the labor supply driven by rapid population aging, even if the labor force participation rate of the working-age population rises to a significantly high level. We suggest a re-orientation of policy directions to correspond to the behavioral changes of economic agents. Policies must focus on promoting labor force participation among the elderly while pushing towards human capital advancement and higher productivity.

고령화가 가정부문 에너지 소비량에 미치는 영향 분석: 전력수요를 중심으로

  • Won, Du-Hwan
    • Environmental and Resource Economics Review
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    • v.21 no.2
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    • pp.341-369
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    • 2012
  • Population aging has been one of the serious problems in Korea. Aging can affect social and economic features including energy consumption. This paper analyzed how population aging makes an effect on residential electricity demand. Yearly data from 1965 to 2010 were collected. The long and short-run demands for residential electricity were estimated with respect to Korean aging index. The results show that population aging reduces residential electricity demands in the short run significantly, but the effect decreases in the long run. However, population aging still negatively affects residential electricity consumption in long run. If population keep aging as Korean government expected, then the residential electricity demand per capita will grow less than 3%.

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Development of Indicators to Evaluate the Regional Preparedness Level for Rural Aging (농촌고령화 위기 대응을 위한 지역특성 변화 분석지표 개발)

  • Lee, Jimin;Lee, Yoonhee;Bae, Yeonjoung;Lee, JeongJae;Suh, Kyo
    • Journal of Korean Society of Rural Planning
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    • v.18 no.4
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    • pp.69-78
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    • 2012
  • Korean population has been rapidly aging. Most of people regard the aging population as future crisis due to the rate of change and agree to prepare for a soft-landing on aging society in South Korea. Particularly, the aging population growth in rural areas is much faster than urban areas. Also rural areas relatively have poorer social and economic conditions so the countermeasures for population aging considering related social and economic indices are required. Moreover, each rural region has the different preparedness level for rural aging based on regional socio-economic characteristics. In this study, we analyzed correlations of the rural aging rate and local characteristics and developed an evaluation index to show the regional preparedness status for rural aging. To test the applicability of developed indicators, we applied them to 161 rural regions and assessed regional preparedness level for rural aging. This study would provide basic data for establishing policies for rural aging.

Aging Society and Labor Market (고령화 사회와 노동시장)

  • Jung, Cho-See
    • Journal of Digital Convergence
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    • v.10 no.1
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    • pp.185-194
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    • 2012
  • Population aging in Korea is in progress rapidly, though it isn't recognized as a critical situation now. Absolute scale of population will decrease since 2030 and that of 2050 will stay in 2005 levels. But most serious problem is that the core working age group, 25-54 ages will begin to decrease since 2012 because of low fertility and population aging. In these situation of population aging, we will face inevitably great amount of labor force shortages and we should build up policy alternatives for solving these problems. I proposed some policy alternatives. firstly, pronatalism policies including state-supported child-care system for preventing decreases of absolute scale of population. Second, facing up to labor shortages under population aging, I proposed policy alternatives for increasing labor market participation, measured by employmeny rate, of aged (or aging) people including wage-peak system of extending retiring ages and women including lowering opportunity costs of women labor market participation rates, given laboer forces. And to conclude, we should approach to the aging problems by steady state equilibrium ecnomic growth, under inevitable population aging.

An Analysis on the Spatial Spillover Patterns of Aging Population in Rural Areas (공간자기상관을 활용한 농촌지역 인구 고령화의 공간적 확산 분석)

  • Yeo, Chang-Hwan;Seo, Yun-Hee
    • Journal of the Korean Association of Geographic Information Studies
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    • v.17 no.3
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    • pp.39-53
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    • 2014
  • The Korean population is aging rapidly and a disproportionate share of older people(aged 65 and older) lives in rural areas. The rural population is aging more rapidly than the population in urban area. However, the majority of studies on aging population focuses on an urban area rather than a rural area. Rural areas have been alienated from the priority of the national policy. For these reasons, this study is to show the level of population aging and to analyze the spatial spillover patterns of aging population in rural areas for the establishment of localized policy on population aging. The main findings of this study can be summarized as follows. First, the level of population aging varies in different localities such as socio-economic and locational characteristics. Secondly, there are distinct differences between hot spot region(clustering of high aging index) and cold spot region(clustering of low aging index) in spatio-temporal spillover patterns. This study intends to suggest an useful information to establish the area-specific policy on aging population through the results of analysis.

Analysis on Spatial Pattern Changes of Aging Phenomenon and Relation between Aging Population and Regional Characteristics (고령화 현상의 공간적 패턴 변화와 지역특성과의 관계 분석)

  • Lee, Jimin
    • Journal of Korean Society of Rural Planning
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    • v.22 no.4
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    • pp.139-146
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    • 2016
  • Aging phenomenon is an important issue in Korea national policy. This aging phenomenon depends on the social and environmental characteristics of regions. Also aging phenomenon and regional characteristics have spatial dependency. The purpose of this study is to discover the spatial changes in aging population rate and to find local factors of regional aging phenomenon considering spatial autocorrelation. For spatial analysis of ageing phenomenon, local Moran's I and Geographically Weighted Regression (GWR) were applied. As the results, the most significant changes of aging phenomenon appeared between 2000 and 2005, and most of hot-spot regions (aged regions) were distributed in Jullanam-do and Jullabuk-do. The results of GWR (R-square: 0.681) shows that total fertility rate, the number of doctor per 1,000 people and forest area rate have positive relation with aging population rate, but the number of private academy per 1,000 people has negative relation.