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Generation mix and GDP growth in OECD countries

This study investigates whether generation diversity in workforce can influence economic growth. Using a panel data of 37 OECD countries over the years 1979–2019, it is found that the effect of generation diversity on economic growth depends on the development level of a country. Essentially, the ge...

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Detalles Bibliográficos
Autores principales: Harnphattananusorn, Supanee, Puttitanun, Thitima
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9474836/
https://www.ncbi.nlm.nih.gov/pubmed/36119896
http://dx.doi.org/10.1016/j.heliyon.2022.e10508
Descripción
Sumario:This study investigates whether generation diversity in workforce can influence economic growth. Using a panel data of 37 OECD countries over the years 1979–2019, it is found that the effect of generation diversity on economic growth depends on the development level of a country. Essentially, the generation diversity has a positive impact on economic growth in developed countries, but a negative impact on economic growth in developing countries.