Showing 1 - 10 of 1,000
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
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
Observations on munition workers, most of them women, are organized to examine the relationship between their output and their working hours. The relationship is nonlinear: below an hours threshold, output is proportional to hours; above a threshold, output rises at a decreasing rate as hours...
Persistent link: https://www.econbiz.de/10013054915
among youngsters and women. Policies aiming to increase their employability either try to foster their productivity and …/or to decrease their wage cost. Yet, the evidence on the misalignment between education-induced productivity gains and … impact of education on productivity, wage costs and productivity-wage gaps (i.e. profits) using rich Belgian linked employer …
Persistent link: https://www.econbiz.de/10013022658
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
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
productivity across Ghana and South Korea. The labour productivity differentials across these firms exceed those implied by macro … show that if we allow for a non-linear effect of education on output the whole of the average productivity differences …
Persistent link: https://www.econbiz.de/10013016333
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
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