Proceedings of International Business and Social Sciences and Research Conference
16 - 17 December 2013, Hotel Mariiott Casamagna, Cancun, Mexico, ISBN: 978-1-922069-38-2
Labor Force with Higher Education and Productivity in Ageing Society:
Evidence from Japan
Keiji Hashimoto
The relationship between labor force ageing and its productivity, taking account
of their education attainments is empirically investigated. Two questions under
investigation are: (1) Are older workers (aged 55 or over) less productive than
younger workers (aged under 55)? and (2) is the university ‘premium’ in the
productivity performance higher for younger workers than for older workers?
Using Japanese all 47 prefecture panel data (1997-2007, quinquennial), we got
the estimating results that are the opposite to the case of pervious study on the
effects of older workers with higher education. That is, older workers are less
productive than younger workers, but the university ‘premium’ is higher for older
workers than for younger workers.
JEL Codes: J11, O47
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Keiji Hashimoto, Department of Economics, Otemon Gakuin University, 2-1-15 Nishi-Ai, Ibaraki,Osaka, 567-8502 Japan.
tel:(81)-72-641-9616, fax: (81)-72-643-9432, email: keiji@res.otemon.ac.jp