The age-productivity pattern: Do location and sector affiliation matter?

Arbeitspapier

Current demographic developments are expected to challenge the sustainability of welfare in industrialised economies. Persistent low fertility levels and increasing survival rates to older age imply a decreasing share of younger individuals within the labour force that needs to support an increasing share of old people out of the labour force. We use matched employeremployee data for Austria at the firm level in order to study the link between the age structure and labour productivity and concentrate on the role played by regional location and sector affiliation. We apply multilevel estimation techniques in order to account for systematic variation of the age-productivity pattern with regard to these two dimensions. Our results indicate that the age-productivity pattern differs significantly across regions and across sectors and that sectoral differences are the more sizable source of heterogeneity in the link between the age structure and firm productivity.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: ECON WPS ; No. 01/2013

Classification and Topics

• Classification: Wirtschaft ; Single Equation Models; Single Variables: Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions ; Economics of the Elderly; Economics of the Handicapped; Non-labor Market Discrimination ; Human Capital; Skills; Occupational Choice; Labor Productivity ; Labor Standards: Labor Force Composition ; Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
• Subject: age-productivity profile ; firm heterogeneity ; employer-employee data ; multilevel regression methods ; regional variability ; sectoral variability ; Alternde Bevölkerung ; Gesamtwirtschaftliche Produktion ; Altersstruktur der Bevölkerung ; Arbeitsproduktivität ; Österreich

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Mahlberg, Bernhard ; Freund, Inga ; Crespo Cuaresma, Jesús ; Prskawetz, Alexia
• Event: Veröffentlichung
• (who): Vienna University of Technology, Institute of Mathematical Methods in Economics, Research Group Economics
• (where): Vienna
• (when): 2013

Further information

• Handle: http://hdl.handle.net/10419/74706
• Last update: 10.03.2025, 11:44 AM CET