Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/63863 
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dc.contributor.authorDaveri, Francescoen
dc.contributor.authorMaliranta, Mikaen
dc.date.accessioned2012-09-21T11:01:12Z-
dc.date.available2012-09-21T11:01:12Z-
dc.date.issued2006-
dc.identifier.urihttp://hdl.handle.net/10419/63863-
dc.description.abstractIs the process of workforce aging a burden or a blessing for the firm? Our paper seeks to answer this question by providing evidence on the age-productivity and age-earnings profiles for a sample of plants in three manufacturing industries (“forest”, “industrial machinery” and “electronics”) in Finland. Our main result is that exposure to rapid technological and managerial changes does make a difference for plant productivity, less so for wages. In electronics, the Finnish industry undergoing a major technological and managerial shock in the 1990s, the response of productivity to age-related variables is first sizably positive and then becomes sizably negative as one looks at plants with higher average seniority and experience. This declining part of the curve is not there either for the forest industry or for industrial machinery. It is not there either for wages in electronics. These conclusions survive when a host of other plausible productivity determinants (notably, education and plant vintage) are included in the analysis. We conclude that workforce aging may be a burden for firms in high-tech industries and less so in other industries.en
dc.language.isoengen
dc.publisher|aThe Research Institute of the Finnish Economy (ETLA) |cHelsinkien
dc.relation.ispartofseries|aETLA Discussion Papers |x1010en
dc.subject.jelD24en
dc.subject.jelJ24en
dc.subject.jelJ31en
dc.subject.jelE60en
dc.subject.ddc330en
dc.subject.keywordAging, technology, TFP, wage determination, Finland, new economy, growthen
dc.subject.stwHumankapitalen
dc.subject.stwLohnen
dc.subject.stwProduktivitäten
dc.subject.stwHochtechnologiesektoren
dc.subject.stwFinnlanden
dc.subject.stwAlternde Bevölkerungen
dc.titleAge, technology and labour costs-
dc.typeWorking Paperen
dc.identifier.ppn510400000en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:rif:dpaper:1010en

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