Economics at your fingertips  

Economic impacts of ageing: an inter-industry approach

Paula Albuquerque () and João Lopes ()

International Journal of Social Economics, 2010, vol. 37, issue 12, 970-986

Abstract: Purpose - The purpose of this paper is to study the impact of the evolution of consumption patterns associated with ageing on the relative importance of industries in Portugal, quantifying the changes in production, value added, imported intermediate inputs and employment. Design/methodology/approach - This paper uses data from the Family Spending Survey to disaggregate the household column of the Portuguese input-output table in different age groups, projecting their consumption, using the latest demographic projections made by Statistics Portugal (INE). Findings - The study identifies the industries that are likely to be stimulated by the ageing of the Portuguese populations, as well as the industries that will most likely become disadvantaged by the process. Social implications - The task of identification of growing and declining industries due to ageing is important to help the design of employment, environmental and social policies. Originality/value - The contemporary demographic trends in Western societies have added to the importance of studying the economic and social consequences of ageing. The main issues have been the labour market effects, the sustainability of social security systems and long-term care. In this paper, we address a different research topic, quantifying the sectoral impact of the evolution of consumption patterns associated with ageing. This can be useful in addressing the structural challenges of the rapid ageing of the population, common to most of the developed economies.

Keywords: Consumption; Consumer behaviour; Demographics; Input/output analysis (search for similar items in EconPapers)
Date: 2010
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed

Downloads: (external link) ... RePEc&WT.mc_id=RePEc (text/html)
Access to full text is restricted to subscribers

Related works:
Working Paper: Economic Impacts of Ageing: An Interindustry Approach (2010) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This journal article can be ordered from
Emerald Group Publishing, Howard House, Wagon Lane, Bingley, BD16 1WA, UK

Access Statistics for this article

International Journal of Social Economics is currently edited by Dr Colin Tyler and James Connelly

More articles in International Journal of Social Economics from Emerald Group Publishing
Bibliographic data for series maintained by Virginia Chapman ().

Page updated 2020-08-22
Handle: RePEc:eme:ijsepp:v:37:y:2010:i:12:p:970-986