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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w22452 |
来源ID | Working Paper 22452 |
The Effect of Population Aging on Economic Growth, the Labor Force and Productivity | |
Nicole Maestas; Kathleen J. Mullen; David Powell | |
发表日期 | 2016-07-25 |
出版年 | 2016 |
语种 | 英语 |
摘要 | Population aging is expected to slow U.S. economic growth. We use variation in the predetermined component of population aging across states to estimate the impact of population aging on growth in GDP per capita for 1980-2010. We find that each 10% increase in the fraction of the population ages 60+ decreased per-capita GDP by 5.5%. One-third of the reduction arose from slower employment growth; two-thirds was due to slower labor productivity growth. Labor compensation and wages also declined in response. Our estimate implies population aging reduced the growth rate in GDP per capita by 0.3 percentage points per year during 1980-2010. |
主题 | Labor Economics ; Demography and Aging ; Labor Supply and Demand ; Development and Growth ; Growth and Productivity |
URL | https://www.nber.org/papers/w22452 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/580126 |
推荐引用方式 GB/T 7714 | Nicole Maestas,Kathleen J. Mullen,David Powell. The Effect of Population Aging on Economic Growth, the Labor Force and Productivity. 2016. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w22452.pdf(10533KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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