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Asia is aging, although there is significant heterogeneity across subregions and economies. Population aging poses two strategic challenges for the region: sustaining economic growth and delivering old-age economic security. In this paper, we leverage the lifecycle perspective-that individuals'...
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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 …
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into account the impact of population aging on labour productivity. China’s fast move towards robotisation and artificial … intelligence might help mitigate any negative impacts by increasing productivity, but there is no sign yet that this is the case. …
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