Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2020.1748507
Population ageing, labour productivity and economic welfare in the European Union
Mirela Cristea
Graţiela Georgiana Noja
Daniela Emanuela Dănăcică
Petru Ştefea
Sažetak
This paper examines the impact of the ageing dimensions and
other economic and social variables on labour productivity and
poverty risk within the European Union (EU). Taking into account
the sizable dissimilarities among the EU Member States, our
research is configured on four specific panels, according to the
UNECE/European Commission mapping of EU countries, based on
the Active Ageing Index data and methodology for 2018. We
have compiled a complex dataset with official data to measure
the ageing features, labour market dimensions and poverty, along
with other economic and social representative variables, during
1995-2017. The methodological endeavour is critical and analytical,
grounded on an extensive quantitative research. Two multifactorial
macro-econometric models are applied in order to
evaluate the direct implications of the ageing dimensions and
other utter credentials on labour productivity, respectively on
poverty levels. Structural equation modelling further entails an
integrative examination of the total, indirect and bidirectional
connections between the ageing phenomenon, several socio-economic
indicators and the labour market performance, with a final
impact on poverty. Results show different yet extremely significant
labour market and poverty impacts for the ageing representative
groups of EU countries, which require specific policy
interventions and tailored strategies.
Ključne riječi
Labour productivity; ageing phenomenon; poverty; European Union; econometric modelling
Hrčak ID:
254456
URI
Datum izdavanja:
9.2.2021.
Posjeta: 1.757 *