<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>2011-2106</journal-id>
<journal-title><![CDATA[Revista de Economía del Caribe]]></journal-title>
<abbrev-journal-title><![CDATA[rev. econ. Caribe]]></abbrev-journal-title>
<issn>2011-2106</issn>
<publisher>
<publisher-name><![CDATA[Editorial Universidad del Norte]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S2011-21062025000200006</article-id>
<title-group>
<article-title xml:lang="en"><![CDATA[Does population aging influence Brazilian economic growth?]]></article-title>
<article-title xml:lang="pt"><![CDATA[O envelhecimento populacional influencia o crescimento econômico brasileiro? ment]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Scheid Tessmann]]></surname>
<given-names><![CDATA[Mathias]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Vasconcelos]]></surname>
<given-names><![CDATA[Elaine Cristina da Silva]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[de Guimarães Souza]]></surname>
<given-names><![CDATA[Gustavo José]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,University of Brasilia  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Brazil</country>
</aff>
<aff id="Af2">
<institution><![CDATA[,University of Brasilia  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Brazil</country>
</aff>
<aff id="Af3">
<institution><![CDATA[,University of Brasilia  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Brazil</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>12</month>
<year>2025</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>12</month>
<year>2025</year>
</pub-date>
<numero>36</numero>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_arttext&amp;pid=S2011-21062025000200006&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_abstract&amp;pid=S2011-21062025000200006&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_pdf&amp;pid=S2011-21062025000200006&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract This paper empirically tests the relationship between productivity and the aging of the Brazilian population from 2012 to 2022, using quarterly data from IBGE and PNAD Contínua. The study follows a Solow-augmented model with the dependency ratio incorporated and employs Johansen cointegration and VECM methods. Results show that population aging exerts a positive and statistically significant effect on economic growth, while the savings rate has a negative long-term effect on per capita income. These findings contrast with much of the international literature, highlighting specific demographic and institutional features of Brazil. The results have policy implications for pension reform, labor participation of older adults, and active aging strategies.  JEL classification: C14, C67, E42, E58.]]></p></abstract>
<abstract abstract-type="short" xml:lang="pt"><p><![CDATA[Resumo Este artigo testa empiricamente a relação entre produtividade e envelhecimento da população brasileira no período de 2012 a 2022, utilizando dados trimestrais do IBGE e da PNAD Contínua. O estudo segue um modelo de Solow ampliado com inclusão da taxa de dependência e aplica os métodos de cointegração de Johansen e VECM. Os resultados mostram que o envelhecimento populacional exerce efeito positivo e estatisticamente significativo sobre o crescimento econômico, enquanto a taxa de poupança apresenta efeito negativo de longo prazo sobre a renda per capita. Esses achados contrastam com grande parte da literatura internacional, evidenciando especificidades demográficas e institucionais do Brasil. As implicações envolvem políticas previdenciárias, participação laboral de idosos e estratégias de envelhecimento ativo.  Classificação JEL: C14, C67, E42, E58.]]></p></abstract>
<kwd-group>
<kwd lng="en"><![CDATA[Population Aging]]></kwd>
<kwd lng="en"><![CDATA[Economic Growth]]></kwd>
<kwd lng="en"><![CDATA[Solow Model]]></kwd>
<kwd lng="en"><![CDATA[VECM]]></kwd>
<kwd lng="pt"><![CDATA[Envelhecimento Populacional]]></kwd>
<kwd lng="pt"><![CDATA[Crescimento Econômico]]></kwd>
<kwd lng="pt"><![CDATA[Modelo de Solow]]></kwd>
<kwd lng="pt"><![CDATA[VECM]]></kwd>
</kwd-group>
</article-meta>
</front><back>
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