The Impacts of Increasing Elderly Population on Consumption Structures in Japan and Taiwan

• Main Authors: CHIEN,YI-TSO, 簡亦佐
• Other Authors: HOU, HUEI-LING
• Format: Others
• Language: zh-TW
• Published: 2017
• Online Access: http://ndltd.ncl.edu.tw/handle/prs8cd

碩士 === 東海大學 === 經濟系 === 105 === The trend of increasing elder population in Japan will reach the peak in 2055 and will be nearly 40% of the total population. The consumption structure will also change due to the consumption habit of elderly is quite different than others. The same situation is expected to happen in Taiwan. The rate of elder population will reach up to 41.6% in 2060, exceeding the rate in Japan. This paper wishes to know if the following factors: proportion of elderly population, interest rate , inflation rate and economic growth rate, have the impact on consumption of different categories of products. Nine consumption categories were chosen in Japan , eight consumption categories were chosen in Taiwan. The elderly population drives different consumption structures. In Japan, The empirical results by this research discovered that Medical care , Fuel light water charges , Education , Culture&recreation and Transporation communication are significantly positive correlated to elder population proportion . And Housing , Furniture householdutensils , Clothing &footwear are significantly negative correlated to elder population proportion. It is quite the same in Taiwan, Medical care, Restaurants and hotels are significantly positive correlation; Food, Housing, Furniture householdutensils, Clothing & footwear are significantly negative correlated to elder population proportion. The results from this study would provide some thoughts to the government, such as making strategies to encourage the elderly related industries to grow etc. Other than create benefits to elderly and job opportunities to others, it may also promote the further growth of economic.