- Discussion Paper 117
- 25 Oktober 2019
This paper looks at the level of labour productivity growth that would be needed to maintain current GDP growth rates given the projected decline in the workforce expected due to population ageing.
DG ECFIN's Fellowship Initiative 2018-2019 “The Productivity Challenge: Jobs and Incomes in the Dawning Era of Intelligent Robots” has solicited contributions examining current and possible future productivity developments in Europe. In view of possible hysteresis effects after the crisis and in the general context of ageing populations and globalisation, the aim has been to re-examine the ongoing trends and drivers and to identify policies to tap fully the potential for inclusive productivity growth. The fellowships have been awarded to prominent scholars in the field to interact with staff in ECFIN and other Commission colleagues, and to prepare final reports on specific research questions within this general topic.
Sandra Leitner, Robert Stehrer, Vienna Institute for International Economic Studies
Information and identifiers
Discussion Paper 117. October 2019. Brussels. PDF. 30pp. Tab. Graph. Bibliogr. Free.
ISBN 978-92-79-11185-6 (online)
ISSN 2443-8022 (online)
JEL Classification: J11, O33, O47
European Economy Discussion Papers are written by the staff of the European Commission’s Directorate-General for Economic and Financial Affairs, or by experts working in association with them, to inform discussion on economic policy and to stimulate debate. The views expressed in this document are solely those of the author(s) and do not necessarily represent the official views of the European Commission.