Demography, Growth, and Robots in Advanced and Emerging Economies
SHARE THIS PAGE
First, increases in the young and old population shares exert significantly negative effects on labor productivity growth, working via various channels. Second, population aging has a greater negative impact on emerging economies than on advanced economies. Third, automation reduces the negative effects of unfavorable demographic change—in particular, population aging.
- Literature Review
- Data and Empirical Methodology
- Full-Panel Fixed Effects and PVARX Estimations
- PVARX Estimations for Advanced and Emerging Economies
- The Role of Robots