The decreasing returns on working time: An empirical analysis on panel country data
AbstractAn empirical analysis is conducted on two panels of 18 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 decreasing 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 InfoPaper provided by Banque de France in its series Working papers with number 315.
Length: 15 pages
Date of creation: 2011
Date of revision:
Productivity; Working time; decreasing returns.;
Other versions of this item:
- Gilbert Cette & Samuel Chang & Maty Konte, 2011. "The decreasing returns on working time: an empirical analysis on panel country data," Applied Economics Letters, Taylor & Francis Journals, vol. 18(17), pages 1677-1682.
- 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
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-02-05 (All new papers)
- NEP-EFF-2011-02-05 (Efficiency & Productivity)
- NEP-HRM-2011-02-05 (Human Capital & Human Resource Management)
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.:
- 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.
- 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.
- 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.
- 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.
- Belorgey, N. & Lecat, R. & Maury, T-P., 2004. "Déterminants de la productivité par employé : une évaluation empirique en données de panel," Bulletin de la Banque de France, Banque de France, issue 121, pages 87-113.
- 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.
- 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.
- repec:rej:journl:v:15:y:2012:i:46:p:303-318 is not listed on IDEAS
- 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.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael brassart).
If references are entirely missing, you can add them using this form.