Demographics and Productivity

This paper examines the relationship between workforce demographics and aggregate productivity. Changes in the age structure of the workforce are found to be significantly correlated with changes in aggregate productivity. Different demographic structures may be related to almost one--quarter of the...

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Bibliographic Details
Published inThe review of economics and statistics Vol. 89; no. 1; pp. 100 - 109
Main Author Feyrer, James
Format Journal Article
LanguageEnglish
Published Cambridge MIT Press 01.02.2007
The MIT Press
MIT Press Journals, The
Subjects
Age
Age groups
Age structure
Demographics
Demography
Economic externalities
Economic theory
Human capital
Point estimators
Population structure
Productivity
Studies
Workforce
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Summary:This paper examines the relationship between workforce demographics and aggregate productivity. Changes in the age structure of the workforce are found to be significantly correlated with changes in aggregate productivity. Different demographic structures may be related to almost one--quarter of the persistent productivity gap between the OECD and low-income nations as well as part of the productivity divergence between 1960 and 1990.
Bibliography:February, 2007
ISSN:0034-6535
1530-9142
DOI:10.1162/rest.89.1.100