Aging and income convergence in Europe: A survey of the literature and insights from a demographic projection exercise

Cuaresma, Jesús Crespo; Loichinger, Elke; Vincelette, Gallina Andronova

doi:10.1016/j.ecosys.2015.07.003

Cited by 31 publications

(20 citation statements)

References 23 publications

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“…Some researchers find evidence in support of the human capital theory, showing a positive effect of labour force ageing on GDP through the growth in productivity (Lindh & Malmberg ; de la Croix & Monfort ; Futagami & Nakajima ; Gómez & De Cos ; Rauhut ). Other researchers show a negative effect (Bloom & Williamson ; Bloom et al ; Crespo Cuaresma et al ; Teixeira et al ).…”

Section: Conclusion and Discussionmentioning

confidence: 89%

“…In contrast, if the share of the working age population is relatively high in poor regions with low productivity, convergence in ageing may slow down economic convergence, as it eliminates one of the poor regions’ resources for faster economic development, namely, the favourable age composition of the population. Divergence in ageing, in that latter case, contributes to a faster economic convergence (Crespo Cuaresma et al ). Thus, for better understanding of the mechanisms of regional cohesion, we need to distinguish four types of regions: rich regions with low and high shares of the working age population and poor regions with low and high shares of the working age population.…”

Section: Theoretical Considerations and The Proposed Frameworkmentioning

confidence: 99%

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Economic Convergence In Ageing Europe

Kashnitsky

Beer

Wissen

2019

Tijd voor Econ & Soc Geog

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European regions experience accelerating ageing, but the process has substantial regional variation. This paper examines the effect of this variation on regional economic cohesion in Europe. We measure the effect of convergence or divergence in the share of the working age population on convergence or divergence in economies of NUTS 2 regions. The effect of convergence or divergence in ageing on economic convergence or divergence is quite substantial and, in some cases, is bigger than the effect of changes in productivity and labour force participation. Convergence of ageing leads to economic convergence only when the share of the working age population in rich regions exceeds that in poor regions and the former regions experience a substantial decline in the share of the working age population, or the latter regions experience an increase. During 2003-12, an inverse relationship between convergence in ageing and economic convergence was the rule rather than the exception.

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Section: Conclusion and Discussionmentioning

confidence: 89%

Section: Theoretical Considerations and The Proposed Frameworkmentioning

confidence: 99%

Economic Convergence In Ageing Europe

Kashnitsky

Beer

Wissen

2019

Tijd voor Econ & Soc Geog

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show abstract

“…Some researchers find evidence in support of the human capital theory, showing a positive effect of labor force ageing on GDP through the growth in productivity (de la Croix and Monfort, 2000;Futagami and Nakajima, 2001;Gómez and De Cos, 2008;Malmberg, 1999, 2009;Rauhut, 2012). Other researchers show a negative effect (Bloom and Williamson, 1998;Bloom et al, 2010;Crespo Cuaresma et al, 2016;Teixeira et al, 2016).…”

Section: Conclusion and Discussionmentioning

confidence: 99%

“…the favourable age composition of the population. Divergence in ageing, in that latter case, contributes to a faster economic convergence (Crespo Cuaresma et al, 2016). Thus, for better understanding the mechanisms of regional cohesion, we need to distinguish four types of regions: rich regions with low and high shares of the working age population and poor regions with low and high shares of the working age population.…”

Section: Theoretical Considerations and The Proposed Frameworkmentioning

confidence: 99%

Economic convergence in ageing Europe

Kashnitsky¹,

Beer²,

Wissen³

2017

Preprint

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“…On the policy side, measures to effect demography are by definition problematic, and not to mention more difficult. Ageing, as the final product of demographic processes, and particularly its effects on economy are increasingly popular subject for regional research (Álvarez, Morollón, 2016;Crespo Cuaresma et al, 2016;Van Der Gaag, de Beer, 2015).…”

Section: The Regional Approachmentioning

confidence: 99%

East-west demographic divide in the EU: A regional overview

Galjak

2018

STANOVNISHTVO

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The goal was to examine demographic differences between former communist regions and other regions of the EU. Besides providing a regional overview of EU's demographic differences, we question whether the subnational approach offers any new insights into the East-West divide. This cross-sectional study was conducted on 1,155 EU's NUTS3 regions from 2014. These regions are grouped in two groups: regions that were part of a communist country, and other regions. Mortality, fertility and age structure indicators were tested between the two groups of regions. GDP/c was used to control for differences in economic development by segmenting the regions into tree brackets: low, medium, and high. The differences were then tested for each indicator. Regional variation within countries for each indicator was also assessed. The gaps exist at regional level and are the widest with mortality and fertility schedule, regardless of GDP/c. Former communist regions on average tend to be slightly younger. Analysis of regional variation showed that subnational approach was warranted when studying East-West demographic disparities, especially when it comes to fertility schedule.

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Aging and income convergence in Europe: A survey of the literature and insights from a demographic projection exercise

Cited by 31 publications

References 23 publications

Economic Convergence In Ageing Europe

Economic Convergence In Ageing Europe

Economic convergence in ageing Europe

East-west demographic divide in the EU: A regional overview

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