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Generation gap and its impact on economic growth
- Source :
- Heliyon, Vol 7, Iss 6, Pp e07160- (2021)
- Publication Year :
- 2021
- Publisher :
- Elsevier, 2021.
-
Abstract
- Workers of different generations often complain about one another as their opinions, values, attitudes, and approaches to work differ. This might lead to a reduction in labor productivity that can negatively impact the economic growth of any nation. In this paper, we used generation mix indices to analyze whether generation gap has any impact on economic growth. Using Thailand's data between 1961 to 2019, we found that when generations were intensely mixed, economic growth did suffer.
Details
- Language :
- English
- ISSN :
- 24058440
- Volume :
- 7
- Issue :
- 6
- Database :
- Directory of Open Access Journals
- Journal :
- Heliyon
- Publication Type :
- Academic Journal
- Accession number :
- edsdoj.8df75d8f21354d4b8bbe7ed444a0280a
- Document Type :
- article
- Full Text :
- https://doi.org/10.1016/j.heliyon.2021.e07160