Work-sharing and tensions in production factors
From 1997 to 2000, French growth came with increasing tensions in production factors. This fact is usual during economic growth. Nevertheless, work-sharing policy that was applied in France during the same period may have increased constraints on production. We used a French firm panel data, a quarterly business survey of industrial firms, between 1995 and 2001 and compared 35-hour firms and firms which didnt share work. We found that 35-hour firms had more short-term hiring problems and more short-term production bottleneck than similar firms which didnt share work. But there are no longterm differences between them. Moreover, hiring problems are more important when 35-hour firms try to hire skilled workers. However, these higher tensions are not an evidence that work-sharing policy reduced growth. They could be also an indication that 35-hour firms hired more.
|Date of creation:||2002|
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