Ageing, productivity and wages in Austria: sector level evidence View Full Text


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Article Info

DATE

2013-11

AUTHORS

Bernhard Mahlberg, Inga Freund, Alexia Prskawetz

ABSTRACT

In this paper we analyse the link between the age structure of the labour force and average labour productivity as well as average wage across industrial sectors. While this intermediate economic level has been under-explored up to now, we will argue that it provides valuable insights in several respects. Our analysis is based on a panel data set ranging over 6 years (2002–2007). It covers the sectors of mining, manufacturing and market oriented services in the Austrian economy. Our results exhibit a positive correlation of the share of older employees and productivity, whereas we cannot find any evidence for a significant relationship of the share of younger employees and productivity. Moreover, the estimated age-wage pattern does not hint at an over-payment of older employees. More... »

PAGES

561-584

References to SciGraph publications

  • 1995-07. R&D and productivity: A broad cross-section cross-country look in JOURNAL OF PRODUCTIVITY ANALYSIS
  • 2011-06. Are Older Workers Worthy of Their Pay? An Empirical Investigation of Age-Productivity and Age-Wage Nexuses in DE ECONOMIST
  • 2009-12. Will You Still Need Me: When I’m 64? in DE ECONOMIST
  • 2011-02. ICT and productivity growth in the 1990s: panel data evidence on Europe in EMPIRICAL ECONOMICS
  • 2009. Firm Productivity, Workforce Age and Vocational Training in Austria1 in LABOUR MARKETS AND DEMOGRAPHIC CHANGE
  • 2011-06. Wages, Productivity and Aging in DE ECONOMIST
  • 1999-08. Age structure effects and growth in the OECD, 1950–1990 in JOURNAL OF POPULATION ECONOMICS
  • 2007. Continuing Training in STUDIES ON CONTINUING VOCATIONAL TRAINING IN GERMANY
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    URI

    http://scigraph.springernature.com/pub.10.1007/s10663-012-9192-9

    DOI

    http://dx.doi.org/10.1007/s10663-012-9192-9

    DIMENSIONS

    https://app.dimensions.ai/details/publication/pub.1012751084


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