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and Japan the positive impact of economic growth on changes in employment was confirmed. …
Persistent link: https://www.econbiz.de/10011123191
Despite extensive research, the estimates of changes in employment are heter-ogeneous in different conditions of … employment elasticity compared to its values in economies with a stable development trend. Based on this, we formulate the …
Persistent link: https://www.econbiz.de/10012651347
Okun's law. However, in transition and emerging markets economies' context, the output-employment nexus has a much more … transition) countries to find out a discrepancy between the output and employment growth. Therefore, the employment elasticity … satisfactory employment growth, which is commonly referred to as a "jobless growth" hypothesis. Accordingly, this paper attempts to …
Persistent link: https://www.econbiz.de/10012619838
growth of labour productivity went hand in hand with declining employment, and even with considerable job losses in the … resulted overwhelmingly from across-the-board productivity improvements in individual sectors of the economy while employment … 15 economies, implying a huge catching-up potential. The estimated elasticity of employment to production growth is low …
Persistent link: https://www.econbiz.de/10012100049
Despite extensive research, the estimates of changes in employment are heter-ogeneous in different conditions of … employment elasticity compared to its values in economies with a stable development trend. Based on this, we formulate the …
Persistent link: https://www.econbiz.de/10012819408
growth of labour productivity went hand in hand with declining employment, and even with considerable job losses in the … resulted overwhelmingly from across-the-board productivity improvements in individual sectors of the economy while employment … 15 economies, implying a huge catching-up potential. The estimated elasticity of employment to production growth is low …
Persistent link: https://www.econbiz.de/10009649617
As by product of economic growth, jobs are indeed transformational. In other words, efficiency increases as workers get better at what they do (as more productive jobs appear and less productive one disappear). In fact societies flourish as jobs bring together people from different ethnic and...
Persistent link: https://www.econbiz.de/10011107833
This article tries to look at the responsiveness of employment to the changes in Output during pre and post economic … reform periods by estimating a derived demand function for employment with an interaction variable. The empirical results of … period as the differential output elasticity of employment estimated is significantly positive in private organized sector …
Persistent link: https://www.econbiz.de/10014215500
A conspicuous lacuna in the literature on Sub-Saharan Africa (SSA) is the lack of clarity on variables key for driving and predicting inclusive growth. To address this, I train the machine learning algorithms for the Standard lasso, the Minimum Schwarz Bayesian Information Criterion (Minimum...
Persistent link: https://www.econbiz.de/10012589991
Persistent link: https://www.econbiz.de/10010313012