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During the second part of the 1990s, the Israeli economy experienced a surge in labor productivity and total factor productivity, which was driven primarily by the manufacturing sector. This surge in productivity coincided with the full absorption and integration into the workforce of highly...
Persistent link: https://www.econbiz.de/10005859546
Theory predicts that mandated employment protections may reduce productivity by distortingproduction choices. Firms facing (non-Coasean) worker dismissal costs will curtail hiringbelow efficient levels and retain unproductive workers, both of which should affectproductivity. These theoretical...
Persistent link: https://www.econbiz.de/10008939768
This paper examines the impact of North-South trade-related technology diffusion on TFP growth in small and large states in the South. The main findings are: i) TFP growth increases with North-South trade-related technology diffusion, with education, and with the interaction between the two, and...
Persistent link: https://www.econbiz.de/10005860488
•Since 2000 Italy’s GDP growth has been below the Euro-area average, and total factor productivity growth has been very weak, and at times, negative (OECD, 2005)•The labour market is highly regulated and inflexible.•Italy has experienced high levels of immigration in recent years,...
Persistent link: https://www.econbiz.de/10008836914