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Demography, growth, and robots in advanced and emerging economies

Gravina, Antonio Francesco; Lanzafame, Matteo - In: Asian development review : studies of Asian and pacific … 41 (2024) 2, pp. 31-56

This paper provides estimates of the impact of demographic change on labor productivity growth, relying on annual data during 1961-2018 for a panel of 90 advanced and emerging economies. We ﬁnd that increases in both the young and old population shares have signiﬁcantly negative eﬀects on...

Persistent link: https://www.econbiz.de/10015120765

Demography, growth, and robots in advanced and emerging economies

Gravina, Antonio Francesco; Lanzafame, Matteo - 2023

This paper provides estimates of the impact of demographic change on labor productivity growth, relying on annual data over 1961-2018 for a panel of 90 advanced and emerging economies. We find that increases in both the young and old population shares have significant negative effects on labor...

Persistent link: https://www.econbiz.de/10014422373

Demographic change, technological advances, and growth : a cross-country analysis

Park, Cyn-Young; Shin, Kwanho; Kikkawa, Aiko - 2020

This paper revisits the impact of population aging on economic growth. In order to understand the impact of population aging on economic growth, it is important to consider the changes in the entire age distribution of demography. Our empirical analysis indicates that a change in age...

Persistent link: https://www.econbiz.de/10012242100

Demographic forecasts and volatility of investment rates vs. labor productivity trajectories

Bolińska, Monika; Dykas, Paweł; Mentel, Grzegorz; … - In: Journal of business economics and management 20 (2019) 6, pp. 1045-1063

In the article the authors attempted to develop the neoclassical model of economic growth, repealing two assumptions regarding the Solow growth model. First of all, the authors assume that the growth path of the number of employees is increasing asymptotically to a fixed value, not to infinity...

Persistent link: https://www.econbiz.de/10012176006

Implications of artificial intelligence and robots for employment and labor productivity : firm-level evidence from the Republic of Korea

Park, Donghyun; Shin, Kwanho - 2025

We examine the implications of robots and artificial intelligence (AI) for employment and productivity, using a rich … explored the effects of robots and AI separately, we investigate their effects jointly within a unified framework. We deploy … impacts of robots and AI. We find that the patterns of adopting robots and AI differ significantly across industries …

Persistent link: https://www.econbiz.de/10015194392

Demographic change, economic growth, and old-age economic security : Asia and the world

Mason, Andrew; Lee, Sang-hyop; Park, Donghyun - In: Asian development review : studies of Asian and pacific … 39 (2022) 1, pp. 131-168

Asia is aging, although there is significant heterogeneity across subregions and economies. Population aging poses two strategic challenges for the region: sustaining economic growth and delivering old-age economic security. In this paper, we leverage the lifecycle perspective-that individuals'...

Persistent link: https://www.econbiz.de/10013329396

Labor force dynamics and economic performance : a case of Nigeria, India, and China

Oyedepo, Elizabeth Omolola - In: Journal of economics & management 46 (2024) 1, pp. 143-170

Aim/purpose - This study investigated the nexus between labor force dynamics and economic performance in Nigeria, India, and China. Design/methodology - The study used annual time series data spanning from 1991 to 2021 obtained from World Development Indicators (WDI). After the unit root...

Persistent link: https://www.econbiz.de/10015422583

Effects of demographic change on economic growth : a panel ARDL approach for selected OECD countries

Çiftçi, Hakki; Bilgin, Cevat; Bilgin, Handan Kaynar - In: Prague economic papers : a bimonthly journal of … 32 (2023) 6, pp. 589-607

The changing population dynamics have substantial impact on economy. This paper investigates the effects of demographic change on economic growth. The share of working age population, child dependency ratio, old-age dependency ratio and age dependency ratio are used as demographic variables. The...

Persistent link: https://www.econbiz.de/10014516260

Robots at work? pitfalls of industry level data

Bekhtiar, Karim; Bittschi, Benjamin; Sellner, Richard - 2021

In a seminal paper Graetz and Michaels (2018) find that robots increase labor productivity and TFP, lower output prices …

Persistent link: https://www.econbiz.de/10012432819

Technology and wage share of older workers

Park, Donghyun; Shin, Kwanho - 2023

technology, software, and robots do not adversely affect older workers. One possible explanation is that older workers may be …

Persistent link: https://www.econbiz.de/10014239988