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Olfa Frini and Khoutem Ben Jedidia
''"The age structure change of population and labour productivity impact."''
( 2018, Vol. 38 No.4 )
Paper explores population ageing macroeconomic effects on labour market productivity. It examines the effect of labour force participation rate by age ranges: young adulthood (15-29 years), prime age (30-49), and old age (50-64) on the aggregate labour productivity. Using Tunisian data during 1965-2014, a cointegration long-run relationship with a progressively adjustment process towards equilibrium is found. Age-productivity profile does not follow an inverted U shape. Labour productivity edges down for young worker and keeps the rise for older. Ageing seems did not lead a low performance for the Tunisian labour market. The retirement age delay beyond 60 years-old is advised to gain more in productivity and enhance economic growth.
Keywords: Ageing; Labour force participation rate; Age structure; Labour productivity; Error correction model; Tunisia
JEL: J1 - Demographic Economics: General
J8 - Labor Standards: General
Manuscript Received : Feb 03 2018 Manuscript Accepted : Oct 10 2018

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