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Ageing labour: How does demographic change affect regional human capital?

Paula Prenzel and Simona Iammarino

No 1832, Papers in Evolutionary Economic Geography (PEEG) from Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography

Abstract: Human capital investments are frequently suggested as policy measure to cope with smaller and older labour forces caused by demographic change across Europe. However, the availability and composition of human capital is fundamentally intertwined with demographic structures, especially at a regional level. This paper analyses how ageing is related to the regional composition of human capital for 332 German regions between 1996 and 2010. The findings show that labour force ageing is associated with lower educational attainment, and that older labour forces have higher shares of traditional vocational degrees. On a national level, education expansion still sufficiently compensates for the effects of population ageing, but regional human capital composition shows distinct trends.

Keywords: demographic change; human capital; regional labour markets; regional development (search for similar items in EconPapers)
JEL-codes: R10 R12 R23 J21 J24 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-age, nep-eur, nep-geo, nep-lma and nep-ure
Date: 2018-08, Revised 2018-08
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Persistent link: https://EconPapers.repec.org/RePEc:egu:wpaper:1832

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