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The age-productivity profile: long-run evidence from Italian regions

Author

Listed:
  • Federico BARBIELLINI AMIDEI

    (Bank of Italy)

  • Matteo GOMELLINI

    (Bank of Italy)

  • Lorenzo INCORONATO

    (University of Nables Federico II)

  • Paolo PISELLI

    (Bank of Italy)

Abstract

This paper investigates the effects of demographic shifts on labor productivity by leveraging variation in the age structure of Italian regions. These effects are analyzed along a first channel – the direct relation between population age and productivity – and a second channel capturing the productivity implications of a more or less dispersed age distribution. We propose an estimation framework that relates regional productivity to the entire age distribution of the working-age population and use instrumental variable techniques to address endogeneity issues. The estimates yield a hump-shaped age-productivity profile peaking between 35 and 40 years. We also document non-linear effects of regional age dispersion on productivity.

Suggested Citation

  • Federico BARBIELLINI AMIDEI & Matteo GOMELLINI & Lorenzo INCORONATO & Paolo PISELLI, 2025. "The age-productivity profile: long-run evidence from Italian regions," JODE - Journal of Demographic Economics, Cambridge University Press, vol. 91(4), pages 641-662, December.
    • Handle: RePEc:ctl:louvde:v:91:y:2025:i:4:p:641-662
    DOI: 10.1017/dem.2024.24
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    JEL classification:

    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • N30 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - General, International, or Comparative

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