Explaining Productivity Growth: The Role of Demographics

Paul Beaudry, Fabrice Collard and David Green

International Productivity Monitor, 2005, vol. 10, 45-58

Abstract: The impact of demographic developments on productivity is still a little-explored subject. The authors find a strong and unexpected link between slow labour productivity growth and rapid labour force growth over the period from the mid 1970s to the mid 1990s. They situate this finding in the context of an adjustment period following a technological revolution, by which economies with more rapid labour force growth experience a more painful transition than other economies due to the greater amount of learning that is required in adopting the new technology.

Keywords: Human Capital; Productivity; Firm-level; Labour Productivity; Information and Communication Technology; ICT; Learning; Labour Force Growth; Demographics (search for similar items in EconPapers)
JEL-codes: J11 J24 M53 O32 O33 O51 (search for similar items in EconPapers)
Date: 2005
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Citations: View citations in EconPapers (6)

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