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Labour force ageing and productivity growth

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  • Marcos Poplawski-Ribeiro

Abstract

This paper reassesses the empirical relationship between ageing and total factor productivity (TFP) growth at the country level. We contribute to the literature by (i) extending the sample coverage to 2014; (ii) adding a new identification strategy to instrument labour force ageing both in advanced (AEs) and emerging market economies (EMEs); and (iii) refining the empirical test with a focus on the age structure of employed workers. Our econometric evidence indicates that ageing has played a significant role in slowing down TFP growth both for AEs and EMEs over the recent decades, and may remain a drag on productivity growth in the years to come.

Suggested Citation

  • Marcos Poplawski-Ribeiro, 2020. "Labour force ageing and productivity growth," Applied Economics Letters, Taylor & Francis Journals, vol. 27(6), pages 498-502, March.
  • Handle: RePEc:taf:apeclt:v:27:y:2020:i:6:p:498-502
    DOI: 10.1080/13504851.2019.1637509
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    Cited by:

    1. Kim, Hoolda & Song Lee, Bun, 2023. "Aging workforce, wages, and productivity: Do older workers drag productivity down in Korea?," The Journal of the Economics of Ageing, Elsevier, vol. 24(C).
    2. Carolina Correa-Caro & Leandro Medina & Marcos Poplawski-Ribeiro & Bennett Sutton, 2021. "Fiscal Stimulus and Firms’ Sales and Capital Expenditure During the Global Financial Crisis," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 63(3), pages 489-535, September.

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