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Explaining Productivity Growth: The Role of Demographics

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Author Info
Paul Beaudry
Fabrice Collard
David A. Green ()

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Abstract

The impact of demographic developments on productivity is still a little-explored subject. The authors find a strong and unexpected link between slow labour productivity growth and rapid labour force growth over the period from the mid 1970s to the mid 1990s. They situate this finding in the context of an adjustment period following a technological revolution, by which economies with more rapid labour force growth experience a more painful transition than other economies due to the greater amount of learning that is required in adopting the new technology.

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Publisher Info
Article provided by Centre for the Study of Living Standards in its journal International Productivity Monitor.

Volume (Year): 10 (2005)
Issue (Month): (Spring)
Pages: 45-58
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Handle: RePEc:sls:ipmsls:v:10:y:2005:3

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Related research
Keywords: Human Capital; Productivity; Firm-level; Labour Productivity; Information and Communication Technology; ICT; Learning; Labour Force Growth; Demographics;

Other versions of this item:

Find related papers by JEL classification:
O32 - Economic Development, Technological Change, and Growth - - Technological Change - - - Management of Technological Innovation and R&D
O33 - Economic Development, Technological Change, and Growth - - Technological Change - - - Technological Change: Choices and Consequences; Diffusion Processes
J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
M53 - Business Administration and Business Economics; Marketing; Accounting - - Personnel Economics - - - Training
O51 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - U.S.; Canada
J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends and Forecasts

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Paul Beaudry & Fabrice Collard, 2003. "Recent Technological and Economic Change among Industrialized Countries: Insights from Population Growth," Scandinavian Journal of Economics, Blackwell Publishing, vol. 105(3), pages 441-464, 09. [Downloadable!] (restricted)
    Other versions:
  2. Paul Beaudry & David A. Green, 2002. "Population Growth, Technological Adoption, and Economic Outcomes in the Information Era," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 5(4), pages 749-774, October. [Downloadable!] (restricted)
  3. Peter Klenow & Andrés Rodríguez-Clare, 1997. "The Neoclassical Revival in Growth Economics: Has It Gone Too Far?," NBER Chapters, in: NBER Macroeconomics Annual 1997, Volume 12, pages 73-114 National Bureau of Economic Research, Inc. [Downloadable!]
  4. Paul Beaudry & David Green, 1998. "What is Driving US and Canadian Wages: Exogenous Technical Change or Endogenous Choice of Technique?," NBER Working Papers 6853, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  5. Paul Beaudry & Fabrice Collard & David Green, 2005. "Demographics and recent productivity performance: insights from cross-country comparisons," Canadian Journal of Economics, Canadian Economics Association, vol. 38(2), pages 309-344, May. [Downloadable!] (restricted)
  6. Durlauf, Steven N. & Quah, Danny T., 1999. "The new empirics of economic growth," Handbook of Macroeconomics, in: J. B. Taylor & M. Woodford (ed.), Handbook of Macroeconomics, edition 1, volume 1, chapter 4, pages 235-308 Elsevier. [Downloadable!] (restricted)
    Other versions:
  7. Mankiw, N Gregory & Romer, David & Weil, David N, 1992. "A Contribution to the Empirics of Economic Growth," The Quarterly Journal of Economics, MIT Press, vol. 107(2), pages 407-37, May. [Downloadable!] (restricted)
    Other versions:
  8. Paul Beaudry & David Green, 2000. "The Changing Structure of Wages in the US and Germany: What Explains the Differences?," NBER Working Papers 7697, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  9. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July. [Downloadable!] (restricted)
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