Demographic Structure and Firm Productivity in Austria

Wirtschaftspolitische Blatter, Vol. 54, Issue. 4, pp. 595-608, 2007

Posted: 6 Feb 2012 Last revised: 28 Feb 2012

See all articles by Bernhard Mahlberg

Bernhard Mahlberg

Institute for Industrial Research (IWI); Vienna University of Economics and Business - Institute for Production Management

Alexia Prskawetz

Austrian Academy of Sciences - Vienna Institute of Demography

Vegard Skirbekk

affiliation not provided to SSRN

Abstract

We assess the relation between firms' productivity levels and the age composition of the employees using a unique Austrian dataset. We control for firm-specific characteristics (including number of employees, firm type and size) as well as employees' characteristics (including age, length and type of education, gender and marital status). We find a negative productivity effect of the share of older workers (50 years and older) for the whole sample, as well as for small sized firms (irrespective of the economic sector we consider). This is similar to the finding of most employer-employee studies. If we restrict our sample to large sized firms, the age-productivity profile changes. For firms in the mining and manufacturing industries the age structure of the workforce is not significantly related to productivity while for firms in the non-manufacturing sectors the share of younger workers is negatively related to productivity.

Keywords: Education, Firm, Firms, Productivity

JEL Classification: D24, J24, L25

Suggested Citation

Mahlberg, Bernhard and F├╝rnkranz-Prskawetz, Alexia and Skirbekk, Vegard, Demographic Structure and Firm Productivity in Austria. Wirtschaftspolitische Blatter, Vol. 54, Issue. 4, pp. 595-608, 2007. Available at SSRN: https://ssrn.com/abstract=1999354

Bernhard Mahlberg (Contact Author)

Institute for Industrial Research (IWI) ( email )

Mittersteig 10/4
Vienna, 1050
Austria
+43 1 513 44 11 0 (Phone)
+43 1 513 44 11 2099 (Fax)

HOME PAGE: http://www.iwi.ac.at/

Vienna University of Economics and Business - Institute for Production Management ( email )

Welthandelsplatz 1
Building D2, Entrance C, 3rd floor
Vienna, 1020
Austria
+43 1 313 36 - 5615 (Phone)

HOME PAGE: http://https://www.wu.ac.at/en/prodmanengl/

Alexia F├╝rnkranz-Prskawetz

Austrian Academy of Sciences - Vienna Institute of Demography ( email )

Prinz Eugenstr. 8-10
Vienna, 1040
Austria

Vegard Skirbekk

affiliation not provided to SSRN ( email )

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