Many studies analyzed in depth how aging affects aggregate economic performance. But analyses of these effects on the … sectoral labor productivity are all likely to adjust to aging and will change. Hence, regression analysis of sectoral … employment shares is proposed that controls for aging. For a large panel of countries and a long time period it is found that …

In this study, we investigate whether population aging influences employment shares in different economic sectors. To … time period from 1970 till 2004. Our results suggest that the aging variable - approximated by the ratio of elderly either … consumption share in GDP, population size, etc. In particular, we find that an increase in the aging proxies exerts a …