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Modelling and predicting labor force productivity

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  • Kitov, Ivan
  • Kitov, Oleg

Abstract

Labor productivity in Turkey, Spain, Belgium, Austria, Switzerland, and New Zealand has been analyzed and modeled. These counties extend the previously analyzed set of the US, UK, Japan, France, Italy, and Canada. Modelling is based on the link between the rate of labor participation and real GDP per capita. New results validate the link and allow predicting a drop in productivity by 2010 in almost all studied countries.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 15152.

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Date of creation: 10 May 2009
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Handle: RePEc:pra:mprapa:15152

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Keywords: productivity; labor force; real GDP; prediction; modelling;

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  1. Ivan O. KITOV & Oleg I. KITOV & Svetlana A. DOLINSKAYA, 2008. "Comprehensive Macro Ï¿½ Model For The Us Economy," Journal of Applied Economic Sciences, Spiru Haret University, Faculty of Financial Management and Accounting Craiova, vol. 3(4(6)_Wint).
  2. Kitov, Ivan & Kitov, Oleg & Dolinskaya, Svetlana, 2007. "Modelling real GDP per capita in the USA: cointegration test," MPRA Paper 2739, University Library of Munich, Germany.
  3. Kitov, Ivan & Kitov, Oleg & Dolinskaya, Svetlana, 2008. "Comprehensive macro-model for the U.S. economy," MPRA Paper 9808, University Library of Munich, Germany.
  4. Ivan O. Kitov & Oleg I. kitov, 2008. "The driving force of labor productivity," Papers 0811.2124, arXiv.org.
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