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Labor Productivity Growth (labor + productivity_growth)

Distribution by Scientific Domains

Business, Economics, Finance and Accounting	83%

Selected Abstracts

An Examination of Labor Productivity Growth and Structural Changes in the Singapore Labor Force,

ASIAN ECONOMIC JOURNAL, Issue 3 2002
Chong-Yah Lim
This paper ,rst examines the sources of growth in the Singapore economy by decomposing real per capita gross domestic product (GDP) growth into two components. It is found that, for the period 1974,1999, labor productivity was a signi,cant source of economic growth in Singapore. Conversely, the contribution of the rate of change in employment ratio was only of secondary importance. On further decomposition, the rate of change in employment ratio was due mainly to rate of change in population age-structure ratio and rate of change in labor-force participation rate. Growth patterns of the labor force were examined after it has been segregated according to gender, citizenship and age group independently. Labor productivity growth was highest in the transport, storage and communication sector, while labor productivity growth was lowest in the ,nancial, insurance, real estate and business services sector. [source]

Public capital formation and labor productivity growth in Chile

CONTEMPORARY ECONOMIC POLICY, Issue 2 2000
MD. Ramirez
Following the lead of the endogenous growth literature, this article analyzes the impact on labor productivity growth of public and private investment spending in Chile. Using cointegration analysis, the results of the dynamic labor productivity function for the 1960,95 period show that (lagged) public and private investment spending, as well as the rate of growth in exports, has a positive and highly significant effect on the rate of labor productivity growth. The estimates also indicate that increases in government consumption spending have a negative effect on the rate of labor productivity growth, thus suggesting that the composition of government spending may also play an important role in determining the rate of labor productivity growth. The findings call into question the politically expedient policy in many Latin American countries of disproportionately reducing public capital expenditures to meet targeted reductions in the fiscal deficit as a proportion of GDP. [source]

Labor Productivity in Western Europe 1975,1985: An Intercountry, Interindustry Analysis

JOURNAL OF REGIONAL SCIENCE, Issue 3 2000
Erik Dietzenbacher
Using intercountry input-output tables and disaggregated employment data, we decompose labor productivity growth between 1975 and 1985 in six Western European countries into partial effects of six determinants including changing international trade and changing final demand. To this end, new multiplicative decomposition formulas are derived and implemented. In a similar way, we study labor productivity changes in vertically integrated industries. The effects of structural change on convergence are investigated also. We see this paper as an attempt to merge the convergence literature with earlier single-country productivity-change decompositions using input-output data. [source]