Ponikvar, Nina; Kejžar, Katja Zajc - In: Applied Economics 46 (2014) 14, pp. 1642-1651
This article analyses the causality between the firm's employment and productivity growth based on the population of manufacturing firms registered in Slovenia in the 1994--2003 period. By using the system GMM estimator, we show that the employment--productivity growth trade-off does not exist....