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- W2795001569 abstract "The paper aims to explore the impacts of bi-demographic structure on the current account and growth. We use a Structural VAR modeling to track the dynamic impacts between the underlying variables of Saudi economy. New insights are developed in studying the relation between population growth, current account and economic growth inside the neoclassical theory of population. The long-run net impact on economic growth of the bi-source of population growth is negative due to lower skills of the immigrant labor endowment. This empirical outcome also confirmed in some previous papers. Besides, the negative long-run contribution of immigrant workers to the current account growth largely exceeds that of the native population because of the increasing levels of remittance outflows. We find that a positive shock in the migration flows leads to a negative impact on native active age ratio. Thus, the immigrants appear to be more substitutes than complements for native workers." @default.
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- W2795001569 date "2019-03-28" @default.
- W2795001569 modified "2023-09-23" @default.
- W2795001569 title "Bi-Demographic Changes and Current Account using SVAR Modeling: Evidence from Saudi Economy" @default.
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