Labor Market Institutions and Labor Productivity Growth
AbstractIn this paper I investigate how the labor productivity growth is affected from various institutions of the labor market using the empirical evidence from a panel data of OECD countries. I find that benefit replacement rate, benefit duration index, and the tax wedge appear to be significant labor market institutions affecting the labor productivity growth. A higher benefit replacement rate, a longer duration of unemployment benefits, and a higher tax wedge are expected to generate a lower labor productivity growth.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 31727.
Date of creation: Jun 2011
Date of revision:
Labor Market Institutions; Labor Productivity Growth;
Other versions of this item:
- Fatih Macit, 2012. "Labor Market Institutions and Labor Productivity Growth," Economic Research Guardian, Weissberg Publishing, vol. 2(1), pages 121-128, May.
- J01 - Labor and Demographic Economics - - General - - - Labor Economics: General
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-07-02 (All new papers)
- NEP-EFF-2011-07-02 (Efficiency & Productivity)
- NEP-LAB-2011-07-02 (Labour Economics)
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