|
A Study of the Influence of Population Ageing on Labor Force Participation Rate
Zhou Zhuping, Liu Haibin
Population Research
2016, 40 (3):
58-70.
Labor force participation level is important for labor supply and economic growth.Since changing age structure influences the overall labor force participation rate ( LFPR ) ,population ageing plays an important role in explaining differences in LFPR.By comparing age-standardized LFPR among China,Brazil,France,India,Japan and The U. S.,it is found that LFPR level of a young population is considerably higher than that of an older population under the same age-specific LFPR.Using the decomposition method of differences between rates,it is found that in 2013,the LFPR difference between China and Japan is at 12. 1 percentage points,of which 79. 0% is contributed by their age structure difference.Further empirical analysis through both national and international panel data models also indicate that LFPR is significantly negative related to population ageing.
Related Articles |
Metrics
|
|