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.
机构:
Hanyang Univ, Sch Business, Seoul, South KoreaHanyang Univ, Sch Business, Seoul, South Korea
Lee, Changmin
Kang, Hyung-goo
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Hanyang Univ, Sch Business, Seoul, South KoreaHanyang Univ, Sch Business, Seoul, South Korea
Kang, Hyung-goo
Seok, Woonam
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Hanyang Univ, Inst Business Res, 409 Business Sch Bldg,222 Wangsimni Ro, Seoul 04763, South Korea
Korea Econ Res Inst, Seoul, South KoreaHanyang Univ, Sch Business, Seoul, South Korea