The decreasing returns on working time: an empirical analysis on panel country data
AbstractAn empirical analysis is conducted on two panels of 18 Organisation for Economic Cooperation and Development (OECD) countries to test whether the elasticity of hourly productivity to working time is negative and decreasing with working time itself. If so, the decreasing returns on working time could be indicative of a fatigue effect that increases with working time. We find that the elasticity of productivity per hour to working time is negative and decreases with working time, but its coefficient is not strongly significant. This study offers empirical support for the hypothesis of a fatigue effect that increases with working time, but with some reservations.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Applied Economics Letters.
Volume (Year): 18 (2011)
Issue (Month): 17 ()
Contact details of provider:
Web page: http://www.tandfonline.com/RAEL20
Other versions of this item:
- Cette, G. & Chang, S. & Konte, M., 2011. "The decreasing returns on working time: An empirical analysis on panel country data," Working papers 315, Banque de France.
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- F01 - International Economics - - General - - - Global Outlook
- O11 - Economic Development, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
- O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Christopher F Baum & Steven Stillman, 1999. "DMEXOGXT: Stata module to test consistency of OLS vs XT-IV estimates," Statistical Software Components S401103, Boston College Department of Economics, revised 18 Jun 2003.
- Bourlès, R. & Cette, G., 2005.
"A comparison of Structural Productivity Levels in the Major Industrialised Countries,"
133, Banque de France.
- Renaud Bourlès & Gilbert Cette, 2005. "A comparison of structural productivity levels in the major industrialised countries," OECD Economic Studies, OECD Publishing, vol. 2005(2), pages 75-108.
- Bourlès, Renaud & Cette, Gilbert, 2005. "A comparison of structural productivity levels in the major industrialised countries," MPRA Paper 7330, University Library of Munich, Germany.
- Dew-Becker, Ian & Gordon, Robert J, 2008.
"The Role of Labour Market Changes in the Slowdown of European Productivity Growth,"
CEPR Discussion Papers
6722, C.E.P.R. Discussion Papers.
- Ian Dew-Becker & Robert J. Gordon, 2008. "The Role of Labor Market Changes in the Slowdown of European Productivity Growth," NBER Working Papers 13840, National Bureau of Economic Research, Inc.
- Bourlès, R. & Cette, G., 2006.
"Trends in "structural" productivity levels in the major industrialized countries,"
156, Banque de France.
- Bourles, Renaud & Cette, Gilbert, 2007. "Trends in "structural" productivity levels in the major industrialized countries," Economics Letters, Elsevier, vol. 95(1), pages 151-156, April.
- Mark E Schaffer & Steven Stillman, 2006. "XTOVERID: Stata module to calculate tests of overidentifying restrictions after xtreg, xtivreg, xtivreg2, xthtaylor," Statistical Software Components S456779, Boston College Department of Economics, revised 02 Nov 2011.
- Renaud Bourlès & Gilbert Cette & Anastasia Cozarenco, 2012.
"Employment and Productivity: Disentangling Employment Structure and Qualification Effects,"
International Productivity Monitor,
Centre for the Study of Living Standards, vol. 23, pages 44-54, Spring.
- Renaud Bourlès & Gilbert Cette & Anastasia Cozarenco, 2010. "Employment and productivity: disentangling employment structure and qualification effects," Working Papers halshs-00467107, HAL.
- Emilia Herman, 2011. "The Impact of Economic Growth Process on Employment in European Union Countries," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 14(42), pages 47-67, December.
- Emilia Herman & Maria-Ana Georgescu, 2012. "Is there a trade-off between employment and labour productivity in new EU member states?," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 15(45), pages 303-318, December.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty).
If references are entirely missing, you can add them using this form.