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POPULATION AGING AND INVENTIVE ACTIVITY
Macroeconomic Dynamics ( IF 1.325 ) Pub Date : 2020-10-29 , DOI: 10.1017/s1365100520000516
Andreas Irmen , Anastasia Litina

This research empirically establishes and interprets the hypothesis that the relationship between population aging and inventive activity is hump-shaped. We estimate a reduced form, hump-shaped relationship in a panel of 33 OECD countries over the period 1960–2012, as well as in a panel of 248 NUTS 2 regions in Europe over the period 2001–2012. The increasing part of the hump may be associated with various channels including the acknowledgement that population aging requires inventive activity to guarantee current and future standards of living, or the observation that older educated workers are more innovative than their young peers. The decreasing part may reflect the tendency of aging societies to lose dynamism and the willingness to take risks.



中文翻译:

人口老龄化与创新活动

本研究从经验上建立并解释了人口老龄化与创新活动之间的关系呈驼峰形的假设。我们估计1960 年至 2012 年期间 33 个经合组织国家的小组以及 2001 年至 2012 年期间欧洲 248 个 NUTS 2 地区的小组中存在简化的驼峰形关系。驼峰的增加部分可能与各种渠道有关,包括承认人口老龄化需要创造性活动来保证当前和未来的生活水平,或者观察到受过教育的年长工人比年轻同龄人更具创新性。下降的部分可能反映了老龄化社会失去活力和冒险意愿的趋势。

更新日期:2020-10-29
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