Abstract
Abstract Health is a crucial dimension of human capital that can increase workers’ productivity in terms of their 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 proportion of the elderly population increases with a consequent negative impact on economic growth. The aim of this paper is to analyse the demographics of ageing in the European Union which provides a convenient sample in the globalisation era. This paper shows how economic output is related to “creativity by age”, which is an original definition of human capital.
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