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Domanda, produttività e dinamica occupazionale: un'analisi per "moltiplicatori"

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  • P. Pini
  • P. Piacentini

Abstract

The paper proposes a quantitative assessment of the impact of demand-side factors, i.e. growth, composition and distribution of income, in the determination of changes in the aggregate balance of employment. The level of employment "justified" in an economic system is here derived from the application of a simple model which we have called, following the seminal contribution of R. Kahn in 1931, the "Employment Multiplier". Starting from an accounting identity between values of aggregate supply and demand, the level of "justified" employment is derived, given the labour coefficients and deflated values of the final demand, in which "autonomous" components are distinguished from an "induced" component, this latter depending on total labour income. The variations, over the decades and the cycles, of aggregate employment for Italy, starting from 1960, are then analysed and decomposed into effects of the "contributions" of three components - growth of productivity, of "autonomous" demand and of the "multiplier", a term which summarizes the impact of trends of employment, real wages and consumption propensity on induced demand.

Suggested Citation

  • P. Pini & P. Piacentini, 1996. "Domanda, produttività e dinamica occupazionale: un'analisi per "moltiplicatori"," Working Paper CRENoS 199606, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
    • Handle: RePEc:cns:cnscwp:199606
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    References listed on IDEAS

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    1. P. Pini, 1994. "An Integrated Model of Cumulative Growth: Empirical Evidence for Nine OECD Countries, 1960-1990," Working Papers 200, Dipartimento Scienze Economiche, Universita' di Bologna.
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    Cited by:

    1. M. Musumeci, 2000. "Innovazione tecnologica e beni culturali. Uno studio sulla situazione della Sicilia," Working Paper CRENoS 200008, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
    2. LR. Keller & E. Strazzera, 2000. "Examining predictive models among discounting models," Working Paper CRENoS 200005, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
    3. R. Carcangiu & G. Sistu & S. Usai, 1999. "Struttura socio-economica dei comuni della Sardegna. Suggerimenti da un'analisi cluster," Working Paper CRENoS 199903, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
    4. Paolo Piacentini, 2018. "The Demand Side vs. the Supply Side in the Analysis of Employment: The Potential for the Use of 'Employment Multipliers'," Economia & lavoro, Carocci editore, issue 1, pages 105-120.
    5. C. Antonelli & R. Marchionatti & S. Usai, 2000. "Productivity and External Knowledge: The Italian Case," Working Paper CRENoS 200009, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
    6. R. Naylor, 2001. "Industry profits and market size under bilateral oligopoly," Working Paper CRENoS 200108, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
    7. R. Naylor, 2001. "Firm profits and the number of firms under unionised oligopoly," Working Paper CRENoS 200109, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.

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