The impact of demographic change on labour supply and economic growth: can APEC meet the challenges ahead?

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Author: Chomik, Rafal; Piggott, John; McDonald, Peter


Asia-Pacific Economic Cooperation (APEC) economies encompass a wide range of socio-economic profiles - poor to rich, young to old, regulated to free market. How economies and regions manage demographic change will define their success in what will be an 'ageing century'. This overview paper on the role of demographic change on labour force and economic growth in APEC uses a supply-side, gross domestic product (GDP) accounting framework to decompose the contribution of population, participation, and productivity to GDP per capita (the 3Ps). The authors use this modelling to examine...  [+] Show more

Subjects: Labour market; Participation; Performance; Demographics; Economics; Migration

Keywords: Labour supply; Ageing population; Regional; Economic growth; Productivity; Labour force participation; Population

Geographic subjects: Asia; Oceania

Published: Sydney, New South Wales: ARC Centre of Excellence in Population Ageing Research, 2017

Physical description: [24] p.

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Also called: The impact of demographic change on labour supply and economic growth: can Asia-Pacific Economic Cooperation meet the challenges ahead?

Series: CEPAR working paper; no. 2017/03

Resource type: Working paper

Call number: TD/TNC 127.754

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