National Transfer Accounts Analysis for Sri Lanka

Sri Lanka has been going through a demographic transition triggered by decreasing fertility and increasing life expectancy. The demographic transition is marked by two stages. During the first stage, the drop in new births reduces the under-age dep...

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Main Author:	World Bank
Format:	Working Paper
Language:	English en_US
Published:	Washington, DC 2014
Subjects:	ACCOUNTING ADULT EDUCATION AGE DISTRIBUTION AGING CROSS-COUNTRY COMPARISONS DECREASING FERTILITY DEFICIT FINANCING DEMAND SIDE DEMOGRAPHIC CHANGE DEMOGRAPHIC TRANSITION DEMOGRAPHIC TRENDS DEPENDENCY BURDEN DEPENDENCY RATIO DEVELOPED COUNTRIES DEVELOPING COUNTRIES DISABILITY ECONOMIC DEVELOPMENT ECONOMIC PERFORMANCE ECONOMIC RESEARCH ELDERLY ELDERLY POPULATION EMPLOYMENT FAMILIES FERTILITY FERTILITY RATE FERTILITY RATES FOREIGN TRADE GOVERNMENT SPENDING HEALTH CARE HEALTH OUTCOMES HEALTH POLICY HEALTH PROBLEMS HEALTH SERVICES HEALTH SPENDING HOUSEHOLD INCOME HOUSEHOLD LEVEL HOUSEHOLD MEMBERS HOUSEHOLD SURVEYS HUMAN CAPITAL HUMAN DEVELOPMENT IMPORTANT POLICY INCOME TAXES INDIVIDUAL MEMBERS INTERNATIONAL COMPARISONS INVESTMENT IN EDUCATION LABOR FORCE LABOR FORCE PARTICIPATION LABOR MARKET LABOR POLICIES LABOR PRODUCTIVITY LEGAL STATUS LIFE EXPECTANCY LOW FERTILITY MINISTRY OF EDUCATION MOTIVATION NUMBER OF PERSONS NUTRITIONAL NEEDS OCCUPATIONS OLD AGE OLD-AGE OPPORTUNITY COST OUTPATIENT CARE PARTICIPATION OF WOMEN PENSIONS PER CAPITA CONSUMPTION PER CAPITA INCOME POLICY RESEARCH POPULATION GROWTH POPULATION GROWTH TRENDS POPULATION SIZE PRIMARY SCHOOLING PRIVATE CONSUMPTION PUBLIC PUBLIC CONSUMPTION PUBLIC EDUCATION PUBLIC EXPENDITURE PUBLIC HEALTH PUBLIC HEALTH EXPENDITURE PUBLIC INVESTMENT PUBLIC INVESTMENT IN EDUCATION PUBLIC PROVISION PUBLIC RESOURCES PUBLIC SECTOR PUBLIC SERVICES PUBLIC SPENDING PUBLIC SUPPORT PUBLIC TRANSFER PUBLIC TRANSFERS REGRESSION ANALYSIS RELATIVE IMPORTANCE REMITTANCE REMITTANCES RENTS RESPECT RETIREMENT SAFETY SAFETY NETS SAVINGS SCHOOL AGE SCHOOL CHILDREN SCHOOL-AGE CHILDREN SECONDARY SCHOOLING SECTOR EMPLOYMENT SERIOUS IMPLICATIONS SERVANTS SERVICE UTILIZATION SKILLED LABOR SKILLED WORKERS SOCIAL SAFETY SOCIAL SAFETY NETS SOCIAL SECURITY SOCIAL WELFARE TAX TERTIARY EDUCATION TERTIARY LEVEL TRANSPORTATION TREASURY VOCATIONAL TRAINING WAGES WORKER PRODUCTIVITY YOUNG ADULTS YOUNG AGE YOUNG PEOPLE YOUTH EMPLOYMENT
Online Access:	http://documents.worldbank.org/curated/en/2012/10/17036783/national-transfer-accounts-analysis-sri-lanka http://hdl.handle.net/10986/17988

id	okr-10986-17988
recordtype	oai_dc
spelling	okr-10986-179882021-04-23T14:03:35Z National Transfer Accounts Analysis for Sri Lanka World Bank ACCOUNTING ADULT EDUCATION AGE DISTRIBUTION AGING CROSS-COUNTRY COMPARISONS DECREASING FERTILITY DEFICIT FINANCING DEMAND SIDE DEMOGRAPHIC CHANGE DEMOGRAPHIC TRANSITION DEMOGRAPHIC TRENDS DEPENDENCY BURDEN DEPENDENCY RATIO DEVELOPED COUNTRIES DEVELOPING COUNTRIES DISABILITY ECONOMIC DEVELOPMENT ECONOMIC PERFORMANCE ECONOMIC RESEARCH ELDERLY ELDERLY POPULATION EMPLOYMENT FAMILIES FERTILITY FERTILITY RATE FERTILITY RATES FOREIGN TRADE GOVERNMENT SPENDING HEALTH CARE HEALTH OUTCOMES HEALTH POLICY HEALTH PROBLEMS HEALTH SERVICES HEALTH SPENDING HOUSEHOLD INCOME HOUSEHOLD LEVEL HOUSEHOLD MEMBERS HOUSEHOLD SURVEYS HUMAN CAPITAL HUMAN DEVELOPMENT IMPORTANT POLICY INCOME TAXES INDIVIDUAL MEMBERS INTERNATIONAL COMPARISONS INVESTMENT IN EDUCATION LABOR FORCE LABOR FORCE PARTICIPATION LABOR MARKET LABOR POLICIES LABOR PRODUCTIVITY LEGAL STATUS LIFE EXPECTANCY LOW FERTILITY MINISTRY OF EDUCATION MOTIVATION NUMBER OF PERSONS NUTRITIONAL NEEDS OCCUPATIONS OLD AGE OLD-AGE OPPORTUNITY COST OUTPATIENT CARE PARTICIPATION OF WOMEN PENSIONS PER CAPITA CONSUMPTION PER CAPITA INCOME POLICY RESEARCH POPULATION GROWTH POPULATION GROWTH TRENDS POPULATION SIZE PRIMARY SCHOOLING PRIVATE CONSUMPTION PUBLIC PUBLIC CONSUMPTION PUBLIC EDUCATION PUBLIC EXPENDITURE PUBLIC HEALTH PUBLIC HEALTH EXPENDITURE PUBLIC INVESTMENT PUBLIC INVESTMENT IN EDUCATION PUBLIC PROVISION PUBLIC RESOURCES PUBLIC SECTOR PUBLIC SERVICES PUBLIC SPENDING PUBLIC SUPPORT PUBLIC TRANSFER PUBLIC TRANSFERS REGRESSION ANALYSIS RELATIVE IMPORTANCE REMITTANCE REMITTANCES RENTS RESPECT RETIREMENT SAFETY SAFETY NETS SAVINGS SCHOOL AGE SCHOOL CHILDREN SCHOOL-AGE CHILDREN SECONDARY SCHOOLING SECTOR EMPLOYMENT SERIOUS IMPLICATIONS SERVANTS SERVICE UTILIZATION SKILLED LABOR SKILLED WORKERS SOCIAL SAFETY SOCIAL SAFETY NETS SOCIAL SECURITY SOCIAL WELFARE TAX TERTIARY EDUCATION TERTIARY LEVEL TRANSPORTATION TREASURY VOCATIONAL TRAINING WAGES WORKER PRODUCTIVITY YOUNG ADULTS YOUNG AGE YOUNG PEOPLE YOUTH EMPLOYMENT Sri Lanka has been going through a demographic transition triggered by decreasing fertility and increasing life expectancy. The demographic transition is marked by two stages. During the first stage, the drop in new births reduces the under-age dependency ratio, while the proportion of working age population expands. This reduction in dependency ratio due to declining fertility, frequently referred to as the demographic bonus, is associated with an increased pace of economic development due to the larger share of working age population relative to the total population, and the smaller pool of dependents that workers have to support. In the second stage of the demographic transition, the consistently low fertility rates in combination with increased life expectancy for the elderly, lead to the relative expansion of the old-age dependency ratio. As the demographic transition enters the second stage, the demographic bonus deteriorates. As Sri Lanka is going through a demographic transition, it is important to take stock of the ways labor income is produced and consumed by different age groups. Similarly, when a deficit or a gap between consumption and labor income emerges, it is important to know what type of expenditures drive it and how it is financed. This paper documents labor income and consumption patterns by age group in Sri Lanka, in a manner that is comparable to work carried out for other countries that participate in the National Transfer Accounts Project. 2014-04-22T19:27:34Z 2014-04-22T19:27:34Z 2012-10 http://documents.worldbank.org/curated/en/2012/10/17036783/national-transfer-accounts-analysis-sri-lanka http://hdl.handle.net/10986/17988 English en_US South Asia Human Development Sector report no. 39; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Washington, DC Publications & Research :: Working Paper Publications & Research South Asia
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	ACCOUNTING ADULT EDUCATION AGE DISTRIBUTION AGING CROSS-COUNTRY COMPARISONS DECREASING FERTILITY DEFICIT FINANCING DEMAND SIDE DEMOGRAPHIC CHANGE DEMOGRAPHIC TRANSITION DEMOGRAPHIC TRENDS DEPENDENCY BURDEN DEPENDENCY RATIO DEVELOPED COUNTRIES DEVELOPING COUNTRIES DISABILITY ECONOMIC DEVELOPMENT ECONOMIC PERFORMANCE ECONOMIC RESEARCH ELDERLY ELDERLY POPULATION EMPLOYMENT FAMILIES FERTILITY FERTILITY RATE FERTILITY RATES FOREIGN TRADE GOVERNMENT SPENDING HEALTH CARE HEALTH OUTCOMES HEALTH POLICY HEALTH PROBLEMS HEALTH SERVICES HEALTH SPENDING HOUSEHOLD INCOME HOUSEHOLD LEVEL HOUSEHOLD MEMBERS HOUSEHOLD SURVEYS HUMAN CAPITAL HUMAN DEVELOPMENT IMPORTANT POLICY INCOME TAXES INDIVIDUAL MEMBERS INTERNATIONAL COMPARISONS INVESTMENT IN EDUCATION LABOR FORCE LABOR FORCE PARTICIPATION LABOR MARKET LABOR POLICIES LABOR PRODUCTIVITY LEGAL STATUS LIFE EXPECTANCY LOW FERTILITY MINISTRY OF EDUCATION MOTIVATION NUMBER OF PERSONS NUTRITIONAL NEEDS OCCUPATIONS OLD AGE OLD-AGE OPPORTUNITY COST OUTPATIENT CARE PARTICIPATION OF WOMEN PENSIONS PER CAPITA CONSUMPTION PER CAPITA INCOME POLICY RESEARCH POPULATION GROWTH POPULATION GROWTH TRENDS POPULATION SIZE PRIMARY SCHOOLING PRIVATE CONSUMPTION PUBLIC PUBLIC CONSUMPTION PUBLIC EDUCATION PUBLIC EXPENDITURE PUBLIC HEALTH PUBLIC HEALTH EXPENDITURE PUBLIC INVESTMENT PUBLIC INVESTMENT IN EDUCATION PUBLIC PROVISION PUBLIC RESOURCES PUBLIC SECTOR PUBLIC SERVICES PUBLIC SPENDING PUBLIC SUPPORT PUBLIC TRANSFER PUBLIC TRANSFERS REGRESSION ANALYSIS RELATIVE IMPORTANCE REMITTANCE REMITTANCES RENTS RESPECT RETIREMENT SAFETY SAFETY NETS SAVINGS SCHOOL AGE SCHOOL CHILDREN SCHOOL-AGE CHILDREN SECONDARY SCHOOLING SECTOR EMPLOYMENT SERIOUS IMPLICATIONS SERVANTS SERVICE UTILIZATION SKILLED LABOR SKILLED WORKERS SOCIAL SAFETY SOCIAL SAFETY NETS SOCIAL SECURITY SOCIAL WELFARE TAX TERTIARY EDUCATION TERTIARY LEVEL TRANSPORTATION TREASURY VOCATIONAL TRAINING WAGES WORKER PRODUCTIVITY YOUNG ADULTS YOUNG AGE YOUNG PEOPLE YOUTH EMPLOYMENT
spellingShingle	ACCOUNTING ADULT EDUCATION AGE DISTRIBUTION AGING CROSS-COUNTRY COMPARISONS DECREASING FERTILITY DEFICIT FINANCING DEMAND SIDE DEMOGRAPHIC CHANGE DEMOGRAPHIC TRANSITION DEMOGRAPHIC TRENDS DEPENDENCY BURDEN DEPENDENCY RATIO DEVELOPED COUNTRIES DEVELOPING COUNTRIES DISABILITY ECONOMIC DEVELOPMENT ECONOMIC PERFORMANCE ECONOMIC RESEARCH ELDERLY ELDERLY POPULATION EMPLOYMENT FAMILIES FERTILITY FERTILITY RATE FERTILITY RATES FOREIGN TRADE GOVERNMENT SPENDING HEALTH CARE HEALTH OUTCOMES HEALTH POLICY HEALTH PROBLEMS HEALTH SERVICES HEALTH SPENDING HOUSEHOLD INCOME HOUSEHOLD LEVEL HOUSEHOLD MEMBERS HOUSEHOLD SURVEYS HUMAN CAPITAL HUMAN DEVELOPMENT IMPORTANT POLICY INCOME TAXES INDIVIDUAL MEMBERS INTERNATIONAL COMPARISONS INVESTMENT IN EDUCATION LABOR FORCE LABOR FORCE PARTICIPATION LABOR MARKET LABOR POLICIES LABOR PRODUCTIVITY LEGAL STATUS LIFE EXPECTANCY LOW FERTILITY MINISTRY OF EDUCATION MOTIVATION NUMBER OF PERSONS NUTRITIONAL NEEDS OCCUPATIONS OLD AGE OLD-AGE OPPORTUNITY COST OUTPATIENT CARE PARTICIPATION OF WOMEN PENSIONS PER CAPITA CONSUMPTION PER CAPITA INCOME POLICY RESEARCH POPULATION GROWTH POPULATION GROWTH TRENDS POPULATION SIZE PRIMARY SCHOOLING PRIVATE CONSUMPTION PUBLIC PUBLIC CONSUMPTION PUBLIC EDUCATION PUBLIC EXPENDITURE PUBLIC HEALTH PUBLIC HEALTH EXPENDITURE PUBLIC INVESTMENT PUBLIC INVESTMENT IN EDUCATION PUBLIC PROVISION PUBLIC RESOURCES PUBLIC SECTOR PUBLIC SERVICES PUBLIC SPENDING PUBLIC SUPPORT PUBLIC TRANSFER PUBLIC TRANSFERS REGRESSION ANALYSIS RELATIVE IMPORTANCE REMITTANCE REMITTANCES RENTS RESPECT RETIREMENT SAFETY SAFETY NETS SAVINGS SCHOOL AGE SCHOOL CHILDREN SCHOOL-AGE CHILDREN SECONDARY SCHOOLING SECTOR EMPLOYMENT SERIOUS IMPLICATIONS SERVANTS SERVICE UTILIZATION SKILLED LABOR SKILLED WORKERS SOCIAL SAFETY SOCIAL SAFETY NETS SOCIAL SECURITY SOCIAL WELFARE TAX TERTIARY EDUCATION TERTIARY LEVEL TRANSPORTATION TREASURY VOCATIONAL TRAINING WAGES WORKER PRODUCTIVITY YOUNG ADULTS YOUNG AGE YOUNG PEOPLE YOUTH EMPLOYMENT World Bank National Transfer Accounts Analysis for Sri Lanka
geographic_facet	South Asia
relation	South Asia Human Development Sector report no. 39;
description	Sri Lanka has been going through a demographic transition triggered by decreasing fertility and increasing life expectancy. The demographic transition is marked by two stages. During the first stage, the drop in new births reduces the under-age dependency ratio, while the proportion of working age population expands. This reduction in dependency ratio due to declining fertility, frequently referred to as the demographic bonus, is associated with an increased pace of economic development due to the larger share of working age population relative to the total population, and the smaller pool of dependents that workers have to support. In the second stage of the demographic transition, the consistently low fertility rates in combination with increased life expectancy for the elderly, lead to the relative expansion of the old-age dependency ratio. As the demographic transition enters the second stage, the demographic bonus deteriorates. As Sri Lanka is going through a demographic transition, it is important to take stock of the ways labor income is produced and consumed by different age groups. Similarly, when a deficit or a gap between consumption and labor income emerges, it is important to know what type of expenditures drive it and how it is financed. This paper documents labor income and consumption patterns by age group in Sri Lanka, in a manner that is comparable to work carried out for other countries that participate in the National Transfer Accounts Project.
format	Publications & Research :: Working Paper
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	National Transfer Accounts Analysis for Sri Lanka
title_short	National Transfer Accounts Analysis for Sri Lanka
title_full	National Transfer Accounts Analysis for Sri Lanka
title_fullStr	National Transfer Accounts Analysis for Sri Lanka
title_full_unstemmed	National Transfer Accounts Analysis for Sri Lanka
title_sort	national transfer accounts analysis for sri lanka
publisher	Washington, DC
publishDate	2014
url	http://documents.worldbank.org/curated/en/2012/10/17036783/national-transfer-accounts-analysis-sri-lanka http://hdl.handle.net/10986/17988
_version_	1764435902529011712

National Transfer Accounts Analysis for Sri Lanka

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