The Ageing and Economic Performance in OECD Countries

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F16%3A43910333" target="_blank" >RIV/62156489:43110/16:43910333 - isvavai.cz</a>
Result on the web
—
DOI - Digital Object Identifier
—

Result language
angličtina
Original language name
The Ageing and Economic Performance in OECD Countries
Original language description
The changes in age distribution of society should affect economic performance in many countries. There are three main channels through which population ageing might influence long term economic growth: the size of the workforce, amount of savings and labour productivity. The pessimists argue that ageing leads to decline of both savings and firm's investment, slower capital accumulation and lower productivity. The optimistic view refers to changes of individual saving schemes and longer working life. The purpose of the paper is to evaluate the effects of ageing on economic performance. We analyse how the ongoing changes in age structure of population can affect selected determinants of the long term economic growth in OECD countries. On the basis of short literature review we try to describe theoretical relationship between the ageing and long term economic growth. The quantitative analysis could help to verify the importance of the ageing for prosperity. In general, the effects of demographic changes on economic output are ambiguous. Population ageing can harm accumulation of physical capital but the effect on productivity is doubtful. Thus, the adverse effects resulting from national accounting might be compensated by productivity increase.
Czech name
—
Czech description
—

Project
<a href="/en/project/LD15065" target="_blank" >LD15065: Gender dimension of active ageing implementation in the Czech private and public sector in comparison with western countries.</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Publication year
2016
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Proceedings of 14th International Scientific Conference: Economic Policy in the European Union Member Countries
ISBN
978-80-7510-210-2
ISSN
—
e-ISSN
—
Number of pages
10
Pages from-to
81-90
Publisher name
Slezská univerzita v Opavě
Place of publication
Opava
Event location
Petrovice u Karviné
Event date
Sep 14, 2016
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
000403638200009

Similar results(10)