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Population, Labour Force and Long-term Economic Growth

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Author Info

  • Frank T. Denton
  • Byron G. Spencer

Abstract

The Canadian population is aging as the children of the "baby boom" move into and through middle age and then on toward the retirement years. The "baby bust" that followed the boom has slowed the rate of population growth and reduced sharply the supply of young people entering the labour force. The rates of participation of women in the labour force are now approaching those of men and little can be expected in the way of continuing further growth from that source. Immigration has thus taken on an important role in determining the rates of population and labour force growth. We explore these and related issues and draw out their implications for Canada's economic growth prospects.

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Bibliographic Info

Paper provided by McMaster University in its series Quantitative Studies in Economics and Population Research Reports with number 336.

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Length: 30 pages
Date of creation: Nov 1997
Date of revision:
Handle: RePEc:mcm:qseprr:336

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Web page: http://www.mcmaster.ca/economics/
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Related research

Keywords: population; labour force; immigration; baby boom; economic growth;

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Cited by:
  1. Julie L. Hotchkiss & Myriam Quispe-Agnoli & Fernando Rios-Avila, 2012. "The wage impact of undocumented workers," Working Paper 2012-04, Federal Reserve Bank of Atlanta.
  2. William Scarth, 2003. "Population Aging, Productivity, and Growth in Living Standards," Quantitative Studies in Economics and Population Research Reports 380, McMaster University.
  3. William Scarth, 2007. "A Note on Income Distribution and Growth," Quantitative Studies in Economics and Population Research Reports 421, McMaster University.
  4. Frank T. Denton & Christine H. Feaver & Byron G. Spencer, 2005. "Population Aging in Canada: Software for Exploring the Implications for the Labour Force and the Productive Capacity of the Economy," Quantitative Studies in Economics and Population Research Reports 403, McMaster University.
  5. William Scarth, 2003. "Population Aging, Productivity, and Growth in Living Standards," Social and Economic Dimensions of an Aging Population Research Papers 90, McMaster University.
  6. William Scarth, 2007. "A Note on Income Distribution and Growth," Social and Economic Dimensions of an Aging Population Research Papers 213, McMaster University.
  7. Julie L. Hotchkiss & Myriam Quispe-Agnoli, 2008. "The labor market experience and impact of undocumented workers," Working Paper 2008-07, Federal Reserve Bank of Atlanta.

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