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Generation gap and its impact on economic growth

Workers of different generations often complain about one another as their opinions, values, attitudes, and approaches to work differ. This might lead to a reduction in labor productivity that can negatively impact the economic growth of any nation. In this paper, we used generation mix indices to a...

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Detalles Bibliográficos
Autores principales: Harnphattananusorn, Supanee, Puttitanun, Thitima
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8187822/
https://www.ncbi.nlm.nih.gov/pubmed/34141925
http://dx.doi.org/10.1016/j.heliyon.2021.e07160
Descripción
Sumario:Workers of different generations often complain about one another as their opinions, values, attitudes, and approaches to work differ. This might lead to a reduction in labor productivity that can negatively impact the economic growth of any nation. In this paper, we used generation mix indices to analyze whether generation gap has any impact on economic growth. Using Thailand's data between 1961 to 2019, we found that when generations were intensely mixed, economic growth did suffer.