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Vorausschätzungen für die Entwicklung der Gesamtbevölkerung und der Beschäftigung in Österreich bis 2035
[Projections of the Development of Population and Employment in Austria until 2035]

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Author Info

  • Biehl, Kai
  • Fent, Thomas

Abstract

This paper investigates the future development of the Austrian population for the period from 2005 to 2035. The main focus of our investigation lies on the working age population and its age structure. Our calculations are based on the population projection released by Statistik Austria in 2005. We present three different scenarios with respect to age specific labour force participation rates and discuss their impact on the Austrian labour force. We show that both the main variant and the low migration variant of the population projection allow for an annual increase in the total size of labour force of 0.3% until the end of our observation period by applying labour force participation rates which are already put into practice in the Nordic countries. An increase in labour force participation rates does not only help to maintain an increase in the labour force but also leads to a more homogenous age distribution of the labour force.

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File URL: http://mpra.ub.uni-muenchen.de/2877/
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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 2877.

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Date of creation: 2007
Date of revision:
Handle: RePEc:pra:mprapa:2877

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Keywords: ageing; age structure; labour force; labour force participation rates;

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References

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  1. Galor, Oded & Moav, Omer, 1999. "From Physical to Human Capital Accumulation: Inequality in the Process of Development," CEPR Discussion Papers 2307, C.E.P.R. Discussion Papers.
  2. Paul Beaudry & Fabrice Collard, 2003. "Recent Technological and Economic Change among Industrialized Countries: Insights from Population Growth," Scandinavian Journal of Economics, Wiley Blackwell, vol. 105(3), pages 441-464, 09.
  3. Lutz Schneider, 2006. "Sind ältere Beschäftigte weniger produktiv? Eine empirische Analyse anhand des LIAB," IWH Discussion Papers 13, Halle Institute for Economic Research.
  4. Alexia Prskawetz & Thomas Fent, 2007. "Workforce Ageing And The Substitution Of Labour: The Role Of Supply And Demand Of Labour In Austria," Metroeconomica, Wiley Blackwell, vol. 58(1), pages 95-126, 02.
  5. Ray C. Fair & Kathryn M. Dominguez, 1987. "Effects of the Changing U.S. Age Distribution on Macroeconomic Equations," Cowles Foundation Discussion Papers 839, Cowles Foundation for Research in Economics, Yale University.
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Cited by:
  1. Theresa Grafeneder-Weissteiner & Klaus Prettner, 2009. "Agglomeration and population ageing in a two region model of exogenous growth," Working Papers 0901, Vienna Institute of Demography (VID) of the Austrian Academy of Sciences in Vienna.

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