Labour force ageing and productivity performance in Canada

In: The Canadian journal of economics: the journal of the Canadian Economics Association = Revue canadienne d'économique, Band 39, Heft 2, S. 582-603

Abstract

Abstract.  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. JEL classification: J21, O47