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from country industry variation in the adoption of robots. Our model also implies that the productivity implications of … aging are ambiguous when technology responds to demographic change, but we should expect productivity to increase and labor …
Persistent link: https://www.econbiz.de/10011820230
The study analyses the relationships between capital dynamics, productivity, global value chains and foreign direct … capital for productivity and GVC integration. We examine the extent of underinvestment in ICT in the EU relative to other …
Persistent link: https://www.econbiz.de/10012232879
We assess the effects of changes in household size on the long-run evolution of living standards and on cross-country convergence. When the observed changes in average household size across countries are taken into consideration, growth in living standards is slower throughout the 20th century...
Persistent link: https://www.econbiz.de/10011815287
-convergence trap" long before the euro years. We also provide stylised facts on: (i) the central role of total factor productivity in …
Persistent link: https://www.econbiz.de/10011755500
the labor productivity of workers across the age distribution, while one-third arises from slower labor force growth. Our …
Persistent link: https://www.econbiz.de/10014140108
This study examines how aging affects labor productivity using industry-level data of Japan and Korea. The analysis … shows that, for both Japan and Korea, aging has positive effects on labor productivity when older workers are working in … average, older workers exert positive effects on labor productivity across all industries when they are low-educated in Japan …
Persistent link: https://www.econbiz.de/10014102316
demographics and the productivity of those who will still be active during the up-coming period of demographic ageing. As … productivity is difficult to investigate at a micro level, the paper builds on a large macro-data panel covering developed as well … output per worker as well as on total factor productivity (TFP). The results confirm earlier findings by Feyrer (2007 …
Persistent link: https://www.econbiz.de/10013316605
aging on economic growth, it is important to consider the changes in the entire age distribution of demography. Our …, labor productivity, automation, and total factor productivity. We find that increasing life expectancy and labor … productivity benefit old age groups as they likely help older age groups contribute more positively to future growth. More …
Persistent link: https://www.econbiz.de/10012242100
lower labor force participation and productivity of older workers or because aging will create an excess of savings over …
Persistent link: https://www.econbiz.de/10011689142