| Title |
Data-driven insights into the effects of demographic ageing on Lithuania’s labour market sustainability |
| Authors |
Kasnauskienė, Gindrutė ; Karalius, Benas ; Paulienė, Rasa |
| DOI |
10.1108/EMJB-04-2025-0147 |
| Full Text |
|
| Is Part of |
EuroMed journal of business.. West Yorkshire : Emerald Publishing Ltd.. 2025, vol. 20, iss. 5, p. 258-274.. ISSN 1450-2194. eISSN 1758-888X |
| Keywords [eng] |
productivity ; employment ; ageing ; labour market ; vector autoregression |
| Abstract [eng] |
Purpose The purpose of this article is to examine how population ageing affects labour market. Utilising Lithuania as a case study, present research seeks to draw broader conclusions that are applicable to other developed economies experiencing rapid demographic ageing. Design/methodology/approach The study employs vector autoregression methodology to assess the impact of the ageing of the Lithuanian labour force and its relationship with labour market indicators, including labour productivity, labour force participation of persons aged 25–54 and the unemployment rate of persons aged 15–24. The data retrieved from the State Data Agency have been utilised to conduct a comprehensive analysis of the most recent period for which data is available at the time of writing, spanning from the first quarter of 2002 to the third quarter of 2024. Findings It was found that ageing does not have a statistically significant impact on selected Lithuanian labour market indicators. However, the results of the study may be influenced by the short research sample, Lithuania's accession to the European Union, the financial crisis of 2007–2008 and the COVID-19 pandemic. Practical implications The present study offers practical insights to facilitate the navigation by policymakers of the challenges posed by a rapidly ageing population, thereby ensuring a more sustainable and resilient future. Originality/value The study makes a significant contribution to the extant body of knowledge on the subject through the use of advanced models, thus providing a novel perspective on the dynamics of the aforementioned subjects. |
| Published |
West Yorkshire : Emerald Publishing Ltd |
| Type |
Journal article |
| Language |
English |
| Publication date |
2025 |
| CC license |
|
