The age-productivity gradient: evidence from a sample of F1 drivers

Fabrizio Castellucci (), Mario Padula and Giovanni Pica
Additional contact information
Fabrizio Castellucci: Bocconi University

No 2009_16, Working Papers from Department of Economics, University of Venice "Ca' Foscari"

Abstract: Estimating the effect of aging on productivity is a daunting task. First, it requires clean measures of productivity. Second, unobserved heterogeneity at workers, firms and workers/firms level challenges the identification of the age-productivity gradient in cross-sectional data. Finally, the study of the age-productivity link requires to partial out the role of experience and to account for the selection bias that arises if less able people drop out faster than more able ones. We tackle these issues by focussing on a panel of Gran Prix Formula One drivers and show that the age-productivity link has an inverted U-shape profile, with a peak at around the age of 30-32.

Keywords: Aging; individual effects; firm effects; match effects; Formula One (search for similar items in EconPapers)
JEL-codes: C23 J24 L83 (search for similar items in EconPapers)
Pages: 35
Date: 2009
New Economics Papers: this item is included in nep-age, nep-eff and nep-lab
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Related works:
Journal Article: The age-productivity gradient: Evidence from a sample of F1 drivers (2011)
Working Paper: The Age-Productivity Gradient: Evidence from a Sample of F1 Drivers (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:ven:wpaper:2009_16

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