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Age and productivity: Sector differences?

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  • Göbel, Christian
  • Zwick, Thomas

Abstract

In most industrialised countries, the workforce is ageing rapidly. If ageing workforces affect sectors differently, the total impact of ageing will depend on the industrial structure of an economy. This paper measures the impact of changes in the age structure of establishments on productivity using representative linked employeremployee panel data. We argue that establishment age-productivity profiles might differ for various reasons. For example, the importance of physical strength and possibilities to compensate deficits in skills differ between sectors. We investigate differences in the age-productivity profiles between the (metal) manufacturing and services sectors. However, in our preferred specification that controls for several potential sources of estimation biases, we find no significant differences in the ageproductivity profiles between these sectors. --

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Bibliographic Info

Paper provided by ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research in its series ZEW Discussion Papers with number 11-058.

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Date of creation: 2011
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Handle: RePEc:zbw:zewdip:11058

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Keywords: Ageing workforce; age; productivity; linked employer employee data; sectors;

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References

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Citations

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Cited by:
  1. Renuga Nagarajan & Aurora A.C. Teixeira & Sandra T. Silva, 2013. "The impact of population ageing on economic growth: an in-depth bibliometric analysis," FEP Working Papers 505, Universidade do Porto, Faculdade de Economia do Porto.
  2. Garnero, Andrea & Rycx, Francois, 2013. "The Heterogeneous Effects of Workforce Diversity on Productivity, Wages and Profits," IZA Discussion Papers 7350, Institute for the Study of Labor (IZA).
  3. Christian Pfeifer & Joachim Wagner, 2012. "Age and gender composition of the workforce, productivity and profits: Evidence from a new type of data for German enterprises," Working Paper Series in Economics 232, University of Lüneburg, Institute of Economics.
  4. Stephan Kampelmann & François Rycx, 2012. "The Impact of Educational Mismatch on Firm Productivity: Evidence from Linked Panel Data," DULBEA Working Papers 12-05, ULB -- Universite Libre de Bruxelles.
  5. François Rycx & Stephan Kampelmann, 2011. "Are occupations paid what they are worth? An econometric study of occupational wage inequality and productivity," DULBEA Working Papers 11-11, ULB -- Universite Libre de Bruxelles.
  6. Renuga Nagarajan & Aurora A.C. Teixeira & Sandra T. Silva, 2013. "The impact of an ageing population on economic growth: an exploratory review of the main mechanisms," FEP Working Papers 504, Universidade do Porto, Faculdade de Economia do Porto.
  7. Garnero, Andrea & Kampelmann, Stephan & Rycx, Francois, 2013. "Part-time Work, Wages and Productivity: Evidence from Belgian Matched Panel Data," IZA Discussion Papers 7789, Institute for the Study of Labor (IZA).

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