How does the age structure affect regional productivity?

The article studies the effects of a changing age structure on regional productivity using lagged population structure to purge estimates of the influence of endogenous migration. It is shown that workers aged 50-60 years have a positive effect on regional productivity. Together with evidence from previous research showing that the effect of the same age group on unemployment is positive, the results support the notion that well-matched workers gives rise to both high productivity and high unemployment.