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Employment-Productivity Trade-off and Labour Composition

Boulhol, Hervé - 2009

This paper formalises the analysis of the employment-productivity trade-off by extending the framework developed by Gordon (1997) to account for labour heterogeneity. The extent of the trade-off is determined by the extent of the adjustment of capital to effective labour and by the changes in...

Persistent link: https://www.econbiz.de/10012444920

The firm-level link between productivity dispersion and wage inequality: A symptom of low job mobility?

Criscuolo, Chiara - 2021

Differences in average wages across firms – which account for around one-half of overall wage inequality – are mainly … explained by differences in firm wage premia (the part of wages that depends exclusively on characteristics of firms) rather … the link between productivity and wages at the firm level. The results suggest that around 15% of cross-firm differences …

Persistent link: https://www.econbiz.de/10012630368

Recent Trends and Structural Breaks in US and EU15 Labour Productivity Growth

Turner, Laure - 2008

This paper examines shifts in labour productivity growth in the United States and in Europe between 1970 and 2007 based on econometric tests of structural breaks. Additionally, it makes use of time-series-based projected labour productivity growth up to 2009 in order to detect any recent break...

Persistent link: https://www.econbiz.de/10012444122

Boosting Productivity in Korea's Service Sector

Jones, Randall - 2009

Labour productivity growth in the service sector has been low relative to manufacturing. This is explained in part by weak competition in services resulting from strict product market regulation and the low level of import penetration and inflows of foreign direct investment (FDI). Increasing...

Persistent link: https://www.econbiz.de/10012444312

Product and Labour Markets Interactions in OECD Countries

Nicoletti, Giuseppe; Bassanini, Andrea; Ernst, Ekkehard; … - 2001

markets. Focusing on subsets of OECD countries, we look at the implications of product market competition for industry wages …

Persistent link: https://www.econbiz.de/10012445146

Trends and Cycles in Labour Productivity in the Major OECD Countries

Nicoletti, Giuseppe - 1993

This paper uses a multivariate generalisation of the Beveridge and Nelson methodology to model trends and cycles of business-sector labour productivity in the major OECD countries. The method implies that the trend is the long-term forecast of productivity, given all available information; the...

Persistent link: https://www.econbiz.de/10012445271

Labour Productivity Levels in OECD Countries : Estimates for Manufacturing and Selected Service Sectors

Pilat, Dirk - 1996

This paper provides estimates of labour productivity levels in OECD manufacturing, for 9 countries and 36 industrial sectors. It also provides an overview of some of the available evidence on cross-country productivity differences in the service sector. The paper uses industry-specific...

Persistent link: https://www.econbiz.de/10012445585

Enhancing the Productivity of the Service Sector in Japan

Jones, Randall - 2008

Labour productivity growth in the service sector, which accounts for 70% of Japan’s economic output and employment, has slowed markedly in recent years in contrast to manufacturing. The disappointing performance is associated with weak competition in the service sector resulting from strict...

Persistent link: https://www.econbiz.de/10012445760

Enhancing Income Convergence in Central Europe after EU Accession

Lenain, Patrick - 2004

After nearly fifteen years of transition, the countries of Central Europe have entered the European Union on 1 May 2004. For the four countries that are members of the OECD (Czech Republic, Hungary, Poland and Slovak Republic), accession follows multiyear efforts of economic stabilisation and...

Persistent link: https://www.econbiz.de/10012446298

Regulation, Competition and Productivity Convergence

Conway, Paul; de Rosa, Donato; Nicoletti, Giuseppe; … - 2006

This paper investigates the effect of product market regulations on the international diffusion of productivity shocks. The empirical results indicate that restrictive product market regulations slow the process of adjustment through which best practice production techniques diffuse across...

Persistent link: https://www.econbiz.de/10012446836