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This study is an attempt to evaluate the effects of product and labour market regulations on industry productivity …-factor productivity is negatively and significantly influenced by both indicators of industrial prices from same industry and weighted … all countries could expect sizeable gains in multifactor productivity from deregulation reforms …
Persistent link: https://www.econbiz.de/10013046151
This research paper aims for an empirical validation of the impact of labour institutions on productivity growth. The … various OECD countries. In our estimations we followed a specific taxonomy to identify the main features of productivity … OECD countries. Analysing the time series panel data of these countries we also claim that productivity growth was …
Persistent link: https://www.econbiz.de/10013046198
Persistent link: https://www.econbiz.de/10012315644
Over the last decades, hours worked per capita have declined substantially in many OECD economies. Using the standard neoclassical growth model with endogenous work-leisure choice, we assess the role of trend growth slowdown in accounting for the decline in hours worked. In the model, a...
Persistent link: https://www.econbiz.de/10012546254
Over the last decades, hours worked per capita have declined substantially in many OECD economies. Using a neoclassical growth model with endogenous work-leisure choice, we assess the role of trend growth slowdown in accounting for the decline in hours worked. In the model, a permanent reduction...
Persistent link: https://www.econbiz.de/10012546895
Labor productivity is more procyclical in OECD countries with lower employment volatility. To capture this new stylized … our model with variable effort, greater labor market frictions are associated with procyclical labor productivity as well … data. By implication, labor market deregulation has a greater effect on the cyclicality of labor productivity and on the …
Persistent link: https://www.econbiz.de/10012547644
Persistent link: https://www.econbiz.de/10012515368
Persistent link: https://www.econbiz.de/10012518890
This study is an attempt to evaluate the effects of product and labour market regulations on industry productivity …-factor productivity is negatively and significantly influenced by both indicators of industrial prices from same industry and weighted … all countries could expect sizeable gains in multifactor productivity from deregulation reforms …
Persistent link: https://www.econbiz.de/10012458102
Persistent link: https://www.econbiz.de/10012301930