Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/74706
Authors: 
Mahlberg, Bernhard
Freund, Inga
Crespo Cuaresma, Jesús
Prskawetz, Alexia
Year of Publication: 
2013
Series/Report no.: 
ECON WPS - Vienna University of Technology Working Papers in Economic Theory and Policy 01/2013
Abstract: 
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.
Subjects: 
age-productivity profile
firm heterogeneity
employer-employee data
multilevel regression methods
regional variability
sectoral variability
JEL: 
C21
J14
J24
J82
R11
Document Type: 
Working Paper

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