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Generation gap and its impact on economic growth

Authors :
Supanee Harnphattananusorn
Thitima Puttitanun
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