Health is a crucial dimension of human capital that can rise worker’s productivity in terms of physical and mental capacities. Longevity positively influences economic growth but a longer life expectancy, when combined with lower fertility and adult mortality rates, means that the share of elderly population increases with a consequent negative impact on economic growth. The aim of the paper is to analyze European Union as an attractive sample in the globalization era with respect to its ageing process. The paper shows how the economic output is related to “creativity by age” which is an original definition of human capital.
Demographics and health in the Eu27 development process
CASTAGNA, ALINA;FURIA, Donatella;MARIANACCI, RAFFAELLA;MATTOSCIO, Nicola
2013-01-01
Abstract
Health is a crucial dimension of human capital that can rise worker’s productivity in terms of physical and mental capacities. Longevity positively influences economic growth but a longer life expectancy, when combined with lower fertility and adult mortality rates, means that the share of elderly population increases with a consequent negative impact on economic growth. The aim of the paper is to analyze European Union as an attractive sample in the globalization era with respect to its ageing process. The paper shows how the economic output is related to “creativity by age” which is an original definition of human capital.File in questo prodotto:
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