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Il est souvent avance que l'assiette actuelle des cotisations sociales, la masse salariale, penalise l'emploi en rencherissant le cout du seul facteur travail et en incitant en consequence les entreprises a substituer du capital au travail. Cette etude propose une caracterisation des entreprises...
Persistent link: https://www.econbiz.de/10005646667
We study production factor adjustment taking into account factor utilisation in multiple dimensions (labour and capital working time, capital capacity utilisation) through a unique survey among French manufacturing firms. This survey also allows us to examine the impact of obstacles to...
Persistent link: https://www.econbiz.de/10010764940
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An empirical analysis is conducted on two panels of 18 OECD countries to test whether the elasticity of hourly productivity to working time is negative and decreasing with working time itself. If so, the decreasing returns on working time could be indicative of a fatigue effect that increases...
Persistent link: https://www.econbiz.de/10008800896
Short-term increasing returns to production factors are usually found in empirical studies. We argue they can be due to omitted variables, particularly the intensity of factor utilisation. Thanks to original French firm-level data (1992-2008), we show how increasing returns to scale disappear...
Persistent link: https://www.econbiz.de/10008838443
Persistent link: https://www.econbiz.de/10013554370
This note investigates the effects of the education level, product market rigidities and employment protection legislation on growth. It exploits macro-panel data for OECD countries. For countries close to the technological frontier, education and rigidities are significantly related to TFP...
Persistent link: https://www.econbiz.de/10003586568
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