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the labor productivity of workers across the age distribution, while one-third arises from slower labor force growth. Our …Population aging is widely assumed to have detrimental effects on economic growth yet there is little empirical … experienced substantial growth in the size of their older population and much of this growth was predetermined by historical …
Persistent link: https://www.econbiz.de/10012456225
productivity gap" suggests that labor is greatly misallocated across sectors. In this paper, we draw on new micro evidence to ask … to what extent the gap is still present when better measures of sector labor inputs and value added are taken into …
Persistent link: https://www.econbiz.de/10012459033
monopoly power. In this economy, measures of total factor productivity (TFP) growth in terms of quantities (the primal) and … rather than the top down. We show an example, for Singapore, of how incomplete data can be used to obtain estimates of … estimates in Singapore and to resolve other empirical puzzles regarding Asian development …
Persistent link: https://www.econbiz.de/10012462609
of Hong Kong, Singapore, South Korea and Taiwan. Participation rates, educational levels and (with the exception of Hong … two times as fast as the aggregate working population. Thus, while the growth of output per capita in these economies has … quadrupling of the investment to GDP ratio in these economies, one arrives at total factor productivity growth rates, both for the …
Persistent link: https://www.econbiz.de/10012474252
labor productivity over recent decades, driven by both rising labor income inequality and a declining labor share of income …We study the productivity-pay relationship in the United States and Canada along two dimensions. The first is … divergence: the degree to which the levels of productivity and pay have diverged. The second is delinkage: the degree to which …
Persistent link: https://www.econbiz.de/10012794576
This study documents a strong inverse relationship between number of pages of labor contracts in effect and the … productivity observed in a sample of ten unionized plants. It is argued that this relationship reflects the productivity …
Persistent link: https://www.econbiz.de/10012477722
.S., Japan and Germany. A dynamic factor demand model with two variable inputs (labor and energy)and two quasi-fixed inputs … decomposition of total factor productivity growth …
Persistent link: https://www.econbiz.de/10012477833
productivity increases by less, measured labor productivity growth falls compared to the middle period. However this fall reflects … quality-adjusted labor productivity growth during 1929-1948 is just offset by unusually rapid growth during 1948-1965; these … the capital-labor ratio. Thus no substantial variations in total factor productivity growth or technical progress is found …
Persistent link: https://www.econbiz.de/10012478087
negative union effects on profitability, but growth, productivity and the capital-labor ratio appear to be little affected by …This paper examines the impact of unionization on profit- ability, growth and productivity using time series data on … analysis is that information about union wage and productivity effects is not sufficient to permit prediction of the sign (or …
Persistent link: https://www.econbiz.de/10012478115
is an important determinant of earnings and thus of labor productivity, holding constant employee at-tributes such as age … changes in labor turnover behavior) on manufacturing productivity performance … for estimation of the marginal productivity of workers classified by length of service to the firm, i.e., of the tenure-productivity …
Persistent link: https://www.econbiz.de/10012478450