Eidgenössische Technische Hochschule (ETH) Zürich >
KOF Konjunkturforschungsstelle, ETH Zürich >
KOF Working Papers, KOF Konjunkturforschungsstelle, ETH Zürich >
Please use this identifier to cite or link to this item:
| || |
|Title:||Does aging influence sectoral employment shares? Evidence from panel data |
Kholodilin, Konstantin A.
|Issue Date:||2008 |
|Series/Report no.:||KOF working papers // Konjunkturforschungsstelle, Eidgenössische Technische Hochschule Zürich 214|
|Abstract:||Our study represents a first attempt to single out the effects of aging on the entire structure of the economy that is approximated by employment shares in different sectors. We find that even after controlling for the effects of other relevant factors - e.g. income per capita, share of trade in GDP, government consumption share in GDP, population size - aging does have a statistically significant differentiated impact on the employment shares. In particular, we find that an increase in the aging proxies exerts a statistically significant adverse effect on the employment shares in agriculture, manufacturing, construction, and mining and quarrying industries. At the same time, increasing share of the elderly people in the society positively affects employment shares in community, social, and personal services as well as in the financial sector. In the simulation exercise, we illustrate the effects of aging on the employment structure within the next 45 years.|
dynamic panel data
|Persistent Identifier of the first edition:||doi:10.3929/ethz-a-005717951|
|Document Type:||Working Paper|
|Appears in Collections:||KOF Working Papers, KOF Konjunkturforschungsstelle, ETH Zürich|
Download bibliographical data as:
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.