Labour force ageing and productivity performance in Canada
This paper studies the direct impact of labour force ageing on productivity growth in 10 Canadian provinces over the period 1981-2001, with an outlook to 2046. It shows that older workers are, on average, less productive than younger workers and that labour force ageing has a modest negative direct...
Published in: | Canadian Journal of Economics/Revue canadienne d'<html_ent glyph="@eacute;" ascii="e"/>conomique |
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Main Authors: | , |
Format: | Article in Journal/Newspaper |
Language: | unknown |
Subjects: | |
Online Access: | https://doi.org/10.1111/j.0008-4085.2006.00361.x |
Summary: | This paper studies the direct impact of labour force ageing on productivity growth in 10 Canadian provinces over the period 1981-2001, with an outlook to 2046. It shows that older workers are, on average, less productive than younger workers and that labour force ageing has a modest negative direct impact on productivity growth in Canada. The impact has increased since the middle of the 1990s, will peak in 2001-11, and tail off afterwards. During the peak period, productivity growth in Canada will be reduced by 0.13 to 0.23 percentage points per year, with Newfoundland being hit the hardest. |
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