Demographic Change and Economic Growth View Full Text


Ontology type: schema:Chapter     


Chapter Info

DATE

2008

AUTHORS

T. Fent , B. Mahlberg , A. Prskawetz

ABSTRACT

In this chapter we discuss the relationship between changes in a country’s age structure and its economic growth and productivity. We summarize the recent literature on the impact of a country’s age structure on economic growth and relate the results to our own empirical findings. Our results indicate a positive impact of the age group 50–64 on economic growth. Moreover, a high proportion of people in the age group 15–29 facilitate technology absorption. The use of matched employer–employee data sets allows us to estimate age-productivity profiles at the firm level. Considering all firms in the data set reveals a negative productivity effect of the share of older workers (50+). Considering only large firms reveals no impact of the age structure in the mining and manufacturing industries and a negative impact of the share of younger workers for the non-manufacturing sector. More... »

PAGES

3-16

Book

TITLE

The Silver Market Phenomenon

ISBN

978-3-540-75330-8
978-3-540-75331-5

Identifiers

URI

http://scigraph.springernature.com/pub.10.1007/978-3-540-75331-5_1

DOI

http://dx.doi.org/10.1007/978-3-540-75331-5_1

DIMENSIONS

https://app.dimensions.ai/details/publication/pub.1022943546


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