摘要：Paper explores population ageing macroeconomic effects on labour market productivity. It examines the effect of
labour force participation rate by age ranges: young adulthood (15-29 years), prime age (30-49), and old age (50-64)
on the aggregate labour productivity. Using Tunisian data during 1965-2014, a cointegration long-run relationship with
a progressively adjustment process towards equilibrium is found. Age-productivity profile does not follow an inverted
U shape. Labour productivity edges down for young worker and keeps the rise for older. Ageing seems did not lead a
low performance for the Tunisian labour market. The retirement age delay beyond 60 years-old is advised to gain
more in productivity and enhance economic growth.
