Arbeitspapier
Longevity and technological change
We analyze the impact of increasing longevity on technological progress within an R&D-based endogenous growth framework and test the model´s implications on OECD data from 1960 to 2011. The central hypothesis derived in the theoretical part is that - by raising the incentives of households to invest in physical capital and in R&D - decreasing mortality positively impacts upon technological progress and thereby also on productivity growth. The empirical results clearly confirm the theoretical prediction which implies that the ongoing demographic changes in industrialized economies are not necessarily detrimental to economic prosperity, at least as far as technological progress and productivity growth are concerned.
- Sprache
-
Englisch
- Erschienen in
-
Series: cege Discussion Papers ; No. 213
- Klassifikation
-
Wirtschaft
Demographic Trends, Macroeconomic Effects, and Forecasts
Macroeconomic Analyses of Economic Development
Economic Growth and Aggregate Productivity: General
One, Two, and Multisector Growth Models
- Thema
-
demographic change
longevity
productivity
technological progress
economic prosperity
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Gehringer, Agnieszka
Prettner, Klaus
- Ereignis
-
Veröffentlichung
- (wer)
-
University of Göttingen, Center for European, Governance and Economic Development Research (cege)
- (wo)
-
Göttingen
- (wann)
-
2014
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Gehringer, Agnieszka
- Prettner, Klaus
- University of Göttingen, Center for European, Governance and Economic Development Research (cege)
Entstanden
- 2014
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