Workforce Ageing and Labour Productivity in Europe

Calvo-Sotomayor, Iñigo; Laka, Jon Paul; Agüado, Ricardo

doi:10.3390/su11205851

Cited by 22 publications

(14 citation statements)

References 55 publications

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“…In addition to the mixed evidence on how productivity evolves with age, previous literature provides mixed evidence on how aging affects productivity at the micro-level (worker's productivity) and at the macro-level (aggregate productivity). Calvo-Sotomayor, Laka, and Aguado [26] provided evidence that an increase in the older workforce reduced an increase in productivity, but the influence would be less observed due to the development of capital and knowledge-intensive sectors. Mahlberg et al [27] also reported that a larger share of older employees was not associated with reduced productivity at the firm level.…”

Section: Introductionmentioning

confidence: 99%

Emotional Status and Productivity: Evidence from the Special Economic Zone in Laos

et al. 2020

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Employee productivity is a well-studied area, which has been explained in various dimensions. However, there is insufficient research on how workers' on-job emotional status relates to productivity. This study examined the relationship between workers' emotional states and productivity by assessing on-job emotionality recorded using a specially designed wearable biometric device. The experiment was conducted at KP Beau Lao Co. Ltd., a Japanese plastic toys and cosmetic products company in Savannakhet province in Southwestern Laos. Participants were 15 plastic toy painters. Mental status, daily output, and other issues were recorded for three consecutive working days. Using random effects panel regression models, we examined how productivity, operationalized as the log of daily output, was related to workers' emotional states, including the amount of time workers reported being happy, angry, relaxed, and sad. We controlled for conversation time, heart rate, and other demographic features. The results revealed that happiness, and no other emotional state, was significantly and positively related to productivity. Such findings suggested that workers' emotional states must be addressed as part of an organization's operational strategy to ensure higher productivity.

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Section: Introductionmentioning

confidence: 99%

Emotional Status and Productivity: Evidence from the Special Economic Zone in Laos

et al. 2020

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“…The connections between population aging and economic growth are complicated. Various authors [ 27 , 96 , 97 , 98 , 99 ] argue that there are multiple factors that influence growth both positively and negatively. On the one hand, among the factors holding back growth are, for example, periods of war, financial crises or demand shocks.…”

Section: Myths Beliefs Challenges and An Open Questionmentioning

confidence: 99%

“…They point out a negative and significant effect between these two variables. A recent research on Aiyar, Ebeke and Shao’s work, even if it also identifies this negative relationship for the period 1983–2014 in European countries, also presents some new questions about the evolution and possible disappearance of the effect of population aging on labor productivity during the 1995–2004 decade [ 99 ]. Anyhow, the literature investigating a possible relationship between population ageing and aggregate productivity is "surprisingly small" [ 107 ] (p. 3).…”

Section: Myths Beliefs Challenges and An Open Questionmentioning

confidence: 99%

“…From an economic point of view, advanced economies should foster the evolution of their economies towards knowledge-intensive sectors in order to grasp the full potential of their aging workforce. This includes life-long learning through all the working period of employees inside the corporation [ 99 ]. At the same time, and following the advice of the Joint Academy Initiative on Aging [ 15 ], measures of public health should be promoted to protect the physical and mental health of employees in the long term, both inside and outside the corporation.…”

Section: Conclusion Limitations and Future Lines Of Researchmentioning

confidence: 99%

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Who Is Afraid of Population Aging? Myths, Challenges and an Open Question from the Civil Economy Perspective

Calvo-Sotomayor

Atutxa

Agüado

2020

IJERPH

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Population aging is a great human achievement, but the economic literature normally addresses its effects in a narrow way and as a “problem” to be solved. The objective of this paper is to provide a more balanced approach to aging by calling into question some widespread ideas in the economic literature on aging, such as its supposed negative influence on economic growth, its impact on labor productivity or the assumption that aging societies are incapable of applying reforms. The paper adopts the renewed civil economy framework and takes as a reference the existing literature about beliefs and wrong assumptions on aging. The innovative contribution of this analysis lies in its effort to foster a positive perspective in the population aging field of research and in challenging negative associations regarding old-age stereotypes.

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“…A high-temperature or highly humid work environment and long-term physical workload expose workers to chronic fatigue, injury, illness, and health risk, and thereby reduce a site’s productivity [ 6 , 7 ]. An increase in the number of older workers, that is, aging of the construction workforce, has also been reported to affect the productivity of the construction industry [ 8 , 9 ]. Concerning the fatality rate in this industry, the U.S. Bureau of Labor Statistics reported that, between 2003 and 2010, more than 43,000 people experienced fatal accidents at the construction site [ 10 ].…”

Section: Introductionmentioning

confidence: 99%

Practical Judgment of Workload Based on Physical Activity, Work Conditions, and Worker’s Age in Construction Site

Hashiguchi

Kodama

Lim

et al. 2020

Sensors

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It is important for construction companies to sustain a productive workforce without sacrificing its health and safety. This study aims to develop a practical judgement method to estimate the workload risk of individual construction workers. Based on studies, we developed a workload model comprising a hygrothermal environment, behavioral information, and the physical characteristics of workers). The construction workers’ heart rate and physical activity were measured using the data collected from a wearable device equipped with a biosensor and an acceleration sensor. This study is the first report to use worker physical activity, age, and the wet bulb globe temperature (WBGT) to determine a worker’s physical workload. The accuracy of this health risk judgment result was 89.2%, indicating that it is possible to easily judge the health risk of workers even in an environment where it is difficult to measure the subject in advance. The proposed model and its findings can aid in monitoring the health impacts of working conditions during construction activities, and thereby contribute toward determining workers’ health damage. However, the sampled construction workers are 12 workers, further studies in other working conditions are required to accumulate more evidence and assure the accuracy of the models.

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Workforce Ageing and Labour Productivity in Europe

Cited by 22 publications

References 55 publications

Emotional Status and Productivity: Evidence from the Special Economic Zone in Laos

Emotional Status and Productivity: Evidence from the Special Economic Zone in Laos

Who Is Afraid of Population Aging? Myths, Challenges and an Open Question from the Civil Economy Perspective

Practical Judgment of Workload Based on Physical Activity, Work Conditions, and Worker’s Age in Construction Site

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