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Regional Economics: Theory and Practice
 

Analysis of population reproduction of subjects of the Russian Federation for the pension policy purposes

Vol. 13, Iss. 25, JULY 2015

PDF  Article PDF Version

Received: 27 October 2014

Accepted: 6 November 2014

Available online: 19 July 2015

Subject Heading: POPULATION AND DEMOGRAPHY

JEL Classification: 

Pages: 49-59

Mikhailova S.S. East Siberia State University of Technology and Management, Ulan-Ude, Republic of Buryatia, Russian Federation
ssmihailova@mail.ru

Importance The article considers the State's pension system, which is determined by the age and sex structure of the population and the nature of its reproduction. A mismatch between the structure of pension system and the demographic realities leads to the system's inefficiency and financial volatility.
     Objectives The objective of the study is to identify regional differences in population reproduction and evaluation of the impact of demographic and socio-economic conditions on the formation of the pension burden in the constituent entities of the Russian Federation.
     Methods I used the methods of statistical grouping and contingency tables to group the subjects of the Russian Federation differing according to the type of age structure of the population. To quantify the impact of demographic and socio-economic factors on the number of recipients of pensions, I built econometric models.
     Results I identified the regions with regressive, progressive, stationary and transient population in the constituent entities of the Russian Federation. I set a quantitative relationship between the number of working pensioners on pension benefits and socio-economic and demographic indicators. I ground that the number of pensioners for disability and survivor benefits is more conditioned by socio-economic factors.
     Conclusions and Relevance I conclude that a prerequisite for structural reforms of the State's pension system is the change of the population's demographic structure. The constituent entities of the Russian Federation are characterized by different types of population reproduction, the level of socio-economic development, which implies the need to take account of the territorial dimension in the design of pension policy.

Keywords: pension policy, demography, population, classification, econometric modeling

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