This paper examines the impact of workforce demographics on aggregate productivity. The age structure of the workforce … is found to have a significant impact on aggregate productivity. A large cohort of workers aged 40 to 49 is found to have … a large positive impact on productivity. Out of sample predictions of output growth from 1990 to 1995 predict 17% of …

markets, developing economies tended to shift between 1960 and 1980, from low-productivity agriculture to the higher … productivity service and industrial sectors and, albeit with some exceptions, to raise real income per capita. With respect to …

markets, developing economies tended to shift between 1960 and 1980, from low-productivity agriculture to the higher … productivity service and industrial sectors and, albeit with some exceptions, to raise real income per capita. With respect to …