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A consistent measure of hours worked for international productivity comparisons

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  • Wingender, Asger M.

Abstract

Hourly labor productivity levels from the national accounts cannot be compared across countries, as national statistical offices use different data sources and methodologies to calculate hours worked. I compute a new, internationally comparable measure of hours worked for 25 OECD countries, and discuss the implications for productivity rankings.

Suggested Citation

  • Wingender, Asger M., 2018. "A consistent measure of hours worked for international productivity comparisons," Economics Letters, Elsevier, vol. 166(C), pages 14-17.
    • Handle: RePEc:eee:ecolet:v:166:y:2018:i:c:p:14-17
    DOI: 10.1016/j.econlet.2018.02.009
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    References listed on IDEAS

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    1. Robert C. Feenstra & Robert Inklaar & Marcel P. Timmer, 2015. "The Next Generation of the Penn World Table," American Economic Review, American Economic Association, vol. 105(10), pages 3150-3182, October.
    2. Caselli, Francesco, 2005. "Accounting for Cross-Country Income Differences," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 9, pages 679-741, Elsevier.
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    4. Charles I. Jones & Peter J. Klenow, 2016. "Beyond GDP? Welfare across Countries and Time," American Economic Review, American Economic Association, vol. 106(9), pages 2426-2457, September.
    5. Huberman, Michael & Minns, Chris, 2007. "The times they are not changin': Days and hours of work in Old and New Worlds, 1870-2000," Explorations in Economic History, Elsevier, vol. 44(4), pages 538-567, October.
    6. Alexander Bick & Bettina Brüggemann & Nicola Fuchs-Schündeln, 2016. "Hours Worked in Europe and the US: New Data, New Answers," CESifo Working Paper Series 6068, CESifo.
    7. Caselli, Francesco, 2005. "Accounting for cross-country income differences," LSE Research Online Documents on Economics 3567, London School of Economics and Political Science, LSE Library.
    8. Ohanian, Lee E. & Raffo, Andrea, 2012. "Aggregate hours worked in OECD countries: New measurement and implications for business cycles," Journal of Monetary Economics, Elsevier, vol. 59(1), pages 40-56.
    9. Alexander Bick & Nicola Fuchs-Schündeln & David Lagakos, 2018. "How Do Hours Worked Vary with Income? Cross-Country Evidence and Implications," American Economic Review, American Economic Association, vol. 108(1), pages 170-199, January.
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    Cited by:

    1. Lukács, Bence & Antal, Miklós, 2023. "The practical feasibility of working time reduction: Do we have sufficient data?," Ecological Economics, Elsevier, vol. 204(PA).

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    Keywords

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    JEL classification:

    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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