Productivity, Employment and Labor Demand in Polish Industry in the 1980s: Some Preliminary Results from Enterprise-Level Data
AbstractThe paper uses annual data from a panel of 334 Polish industrial enterprises over the period 1983-88 to test empirically a simple neoclassical approach to the socialist labor market. First, an enterprise production function is estimated. The paper finds that for most enterprises, the resulting estimated marginal product of labor exceeds the wage paid by the enterprise by a considerable margin, suggesting general excess demand for labor. The paper then looks at how the difference between the MPL and the wage is related to the rate of change of employment, and finds that firms where the MPL is higher than the wage - firms which in a neoclassical model would have a large excess demand for labor - do not shed labor any more slowly than other firms. Copyright 1995 by Kluwer Academic Publishers
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Bibliographic InfoArticle provided by Springer in its journal Economics of Planning.
Volume (Year): 28 (1995)
Issue (Month): 1 ()
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- Hartmut Lehmann & Jonathan Wadsworth, 1999.
"Tenures that Shook the World: Worker Turnover in Russia, Poland and Britain,"
William Davidson Institute Working Papers Series
160, William Davidson Institute at the University of Michigan.
- Lehmann, Hartmut & Wadsworth, Jonathan, 2000. "Tenures That Shook the World: Worker Turnover in Russia, Poland, and Britain," Journal of Comparative Economics, Elsevier, vol. 28(4), pages 639-664, December.
- H Lehmann & Jonathan Wadsworth, 2000. "Tenures that Shook the World: Worker Turnover in Russia, Poland and Britain," CEP Discussion Papers dp0459, Centre for Economic Performance, LSE.
- Hartmut Lehmann & Jonathan Wadsworth, 2000. "Tenures that shook the world: worker turnover in Russia, Poland and Britain," LSE Research Online Documents on Economics 20186, London School of Economics and Political Science, LSE Library.
- Lehmann, Hartmut & Wadsworth, Jonathan, 1999. "Tenures that Shook the World: Worker Turnover in Russia, Poland and Britain," IZA Discussion Papers 90, Institute for the Study of Labor (IZA).
- Hartmut Lehmann & Jonathan Wadsworth, 2000. "Tenures that shook the world: Worker Turnover in Russia, Poland and Britain," LICOS Discussion Papers 9500, LICOS - Centre for Institutions and Economic Performance, KU Leuven.
- Hartmut Lehmann & Jonathan Wadsworth, 1999. "Tenures that Shook the World: Worker Turnover in Russia, Poland and Britain," CERT Discussion Papers 9909, Centre for Economic Reform and Transformation, Heriot Watt University.
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