Showing 1 - 10 of 719
We study how workers' wages respond to TFP-driven innovations in firms' labor productivity. Using unique data with … of physical (as opposed to revenue) TFP to instrument labor productivity in the wage equations. We find that the reaction … of wages to sectoral labor productivity is almost three times larger than the response to pure idiosyncratic (firm …
Persistent link: https://www.econbiz.de/10013124492
the other hand, previous empirical studies show that exporting does not necessarily improve productivity. One possible … status and the growth of its labour productivity, using the firms' export status as a binary treatment variable and comparing …'s export-sales ratio and its labour productivity growth rate. We find that there is a causal effect of firms' export activities …
Persistent link: https://www.econbiz.de/10013317068
dispersion, and 2) the correlation between within-firm skill dispersion and productivity is positive in industries with higher …
Persistent link: https://www.econbiz.de/10012867157
rapidly raising productivity while making workers redundant. This paper explores the evidence for this view among the IT …-using U.S. manufacturing industries. There is some limited support for more rapid productivity growth in IT … expectations, is that output contracts in IT-intensive industries relative to the rest of manufacturing. Productivity increases …
Persistent link: https://www.econbiz.de/10013060122
This paper compares labour productivity during the Great Depression (GD) and the Great Recession (GR) in engineering … peak-to-trough of the GD cycle, hourly labour productivity was countercyclical, remaining above its 1929 starting point. In … the GR peak-to-trough period, hourly productivity was procyclical, falling below its 2007/08 starting point. While …
Persistent link: https://www.econbiz.de/10012827333
Labour productivity reflects a firm's ability to generate higher production or value-added. This paper analyses labour … productivity and its determinants in the manufacturing and service sectors in Kenya. As the largest economy in East Africa, it is … crucial for Kenya to have high labour productivity as it has strong implications for economic growth and welfare. The paper …
Persistent link: https://www.econbiz.de/10012992728
Using German establishment data, this paper examines the relationship between product market competition and the extent of employer provided training. We demonstrate that high product market competition is associated with increased training except when the competition is so severe as to threaten...
Persistent link: https://www.econbiz.de/10012946567
We examine the trajectories of the real unit labour costs (RULCs) in a selection of Eurozone economies. Strong asymmetries in the convergence process of the RULCs and its components – real wages, capital intensity, and technology – are uncovered through decomposition and cluster analyses. In...
Persistent link: https://www.econbiz.de/10013051805
This paper provides estimates of labor productivity for one-third of UK manufacturing during the Great Depression. It … period. Working time is found to play a crucial role the UK productivity response. Countercyclical productivity is discussed …
Persistent link: https://www.econbiz.de/10012868800
This paper tests the pro-competitive effect of trade in the product and labor markets of UK manufacturing sectors between 1988 and 2003 using a two-stage estimation procedure. In the first stage, we use data on 9820 firms from twenty manufacturing sectors to simultaneously estimate mark-up and...
Persistent link: https://www.econbiz.de/10013317547