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Human capital, unions and productivity in a labour-skilled sectoral approach

Author

Listed:
  • Domicián Máté

    (University of Debrecen, Faculty of Economics and Business Administration, Debrecen, Hungary)

Abstract

This research paper aims to provide an empirical validation of the impact of human capital accumulation and labour market institutions on productivity growth. The primary objective of this study is to analyse economic and employment growth tendencies in the period between 1985 and 2007 in various OECD member countries. In our estimations we followed a specific taxonomy to identify the features of output per capita growth in different labour-skilled branches. Besides determining the sectoral differences of labour demand by standard comparative statistics, we used a dynamic panel regression method to investigate the relationships between employment, human capital, labour institutions, and output per capita. We conclude that the high-skilled branches have achieved better economic growth performance than the lower-skilled ones in most of the OECD countries. Analysing the time series panel data of these countries our results also yield valid relationships between the level of education, labour unions and productivity growth in different branches.

Suggested Citation

  • Domicián Máté, 2014. "Human capital, unions and productivity in a labour-skilled sectoral approach," Society and Economy, Akadémiai Kiadó, Hungary, vol. 36(3), pages 369-385, September.
    • Handle: RePEc:aka:soceco:v:36:y:2014:i:3:p:369-385
    Note: This research was realized in the framework of TÁMOP 4.2.4. A/2-11-1-2012-0001 “National Excellence Program – Elaborating and operating an inland student and researcher personal sup- port system”. The project was subsidized by the European Union and co-financed by the Euro- pean Social Fund.
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    Citations

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    Cited by:

    1. Domicián Máté & Imran Sarihasan & Krisztina Dajnoki, 2017. "The Relations between Labour Market Institutions and Employment of Migrants," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 19(46), pages 806-806, August.
    2. Muhammad Asif Khan & József Popp & Mirza Nouman Ali Talib & Zoltán Lakner & Muhammad Atif Khan & Judit Oláh, 2020. "Asymmetric Impact of Institutional Quality on Tourism Inflows Among Selected Asian Pacific Countries," Sustainability, MDPI, vol. 12(3), pages 1-16, February.
    3. Judit Oláh & Zuzana Virglerova & József Popp & Jana Kliestikova & Sándor Kovács, 2019. "The Assessment of Non-Financial Risk Sources of SMES in the V4 Countries and Serbia," Sustainability, MDPI, vol. 11(17), pages 1-19, September.

    More about this item

    Keywords

    productivity growth; education; labour unions; sectoral approach;
    All these keywords.

    JEL classification:

    • E25 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Aggregate Factor Income Distribution
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure

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