2015 Fiscal Year Final Research Report
An Emprical Analysis on the Relationship between Age Structure of Population and Aggregate Labor Productivity
| Project/Area Number |
25380344
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Multi-year Fund |
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| Section | 一般 |
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| Research Field |
Economic policy
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| Research Institution | Otemon Gakuin University |
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Principal Investigator |
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| Project Period (FY) |
2013-04-01 – 2016-03-31
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| Keywords | 少子高齢化 / マクロ労働生産性 / 人的資本 |
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| Outline of Final Research Achievements |
Demographic change due to aging population combined with the diminishing number of children is a serious problem in Japan. It is evident that high productivity growth is essential for Japan to maintain economic growth and living standards. By using the econometric models based on the data of GDP, labor classified by age and education, capital stock, unemployment rates and other variables for all 47 prefectures, covering 1977-2012, we got the result that a 1 % increase in the share of older workers with higher education could increase productivity growth by 0.023 %. Further, the effect of higher education is larger for older workers than younger workers.
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| Free Research Field |
応用計量経済学
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