IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this article or follow this journal

Coefficient of Structural Concordance and an Example of its Application: Labour Productivity and Wages in Slovenia

  • Miroslav Verbič

    ()

    (Faculty of Economics, University of Ljubljana, Slovenia & Institute for Economic Research, Ljubljana)

  • Franc Kuzmin

    (Faculty of Economics, University of Ljubljana, Slovenia & Institute for Economic Research, Ljubljana)

The article presents the underlying principles, derivation and properties of a simple descriptive measure of concordance between two analogous rank structures that we call the coefficient of structural concordance. It is based upon the idea of Kendalls coefficient of concordance, which we extend to two rank structures. As the coefficient of structural concordance is a pure intergroup measure of concordance, it is designed to complement the Kendalls intragroup coefficient of concordance. We apply this descriptive measure by exploring the relationship between wages and labour productivity in Slovenia for the period 19982007. We are able to confirm the hypothesis of high concordance between wages and labour productivity, which indicates a stimulative role of wages in production of market traded goods and services.

If 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.

File URL: http://www.panoeconomicus.rs/casopis/2009_2/2_09_3.pdf
Download Restriction: no

Article provided by Savez ekonomista Vojvodine, Novi Sad, Serbia in its journal Panoeconomicus.

Volume (Year): 56 (2009)
Issue (Month): 2 (June)
Pages: 227-240

as
in new window

Handle: RePEc:voj:journl:v:56:y:2009:i:2:p:227-240
Contact details of provider: Web page: http://www.panoeconomicus.rs/

References listed on IDEAS
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.:

as in new window
  1. W. Schucany & W. Frawley, 1973. "A rank test for two group concordance," Psychometrika, Springer, vol. 38(2), pages 249-258, June.
  2. Grzegorzewski, Przemyslaw, 2006. "The coefficient of concordance for vague data," Computational Statistics & Data Analysis, Elsevier, vol. 51(1), pages 314-322, November.
  3. Lawrence Hubert, 1979. "Generalized concordance," Psychometrika, Springer, vol. 44(2), pages 135-142, June.
Full references (including those not matched with items on IDEAS)

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:voj:journl:v:56:y:2009:i:2:p:227-240. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ivana Horvat)

The email address of this maintainer does not seem to be valid anymore. Please ask Ivana Horvat to update the entry or send us the correct address

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.