Download or read book INCREASE IN LABOUR PRODUCTIVITY FACTOR SUBSTITUTION AND LABOUR DEMAND written by Roberto CELLINI and published by . This book was released on 2001 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Unemployment Capital Labor Substitution and Economic Growth written by Mr.Bob Rowthorn and published by International Monetary Fund. This book was released on 1999-03-01 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the influence of economic growth on the equilibrium unemployment rate (NAIRU). It examines how income distribution and the NAIRU are influenced by capital formation, technical progress, and labor force expansion, and how these factors’ impact depends on the elasticity of substitution between capital and labor. The paper distinguishes between the short-run NAIRU when capital stock is exogenous, and the long-run NAIRU when it is endogenous. It also considers how the analysis must be modified to take into account Keynesian ideas concerning the role of aggregate demand. It concludes that unless the capital stock grows in line with labor supply in efficiency units, the short-run NAIRU will increase, reducing the scope for demand stimulation.

Download or read book Productivity and Factor Substitution written by S. Kumar and published by Deep and Deep Publications. This book was released on 2002-09 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Can labor market imperfections explain changes in the inverse farm size productivity relationship written by Deininger, Klaus and published by Intl Food Policy Res Inst. This book was released on 2016-06-24 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: To understand whether and how inverse relationship between farm size and productivity changes when labor market performance improves, we use large national farm panel from India covering a quarter-century (1982, 1999, 2008) to show that the inverserelationship weakened significantly over time, despite an increase in the dispersion of farm sizes. A key reason was the substitution of capital for labor in response to nonagricultural labor demand. In addition, family labor wasmore efficient than hired labor in the 1982–1999 period, but not during the 1999–2008period.In line with labor market imperfections as a key factor, separability of labor supply and demand decisions cannot be rejected in the second period,except in villages with very low nonagricultural labor demand.

Download or read book Jobs and High Wages written by Bryan Passmore Philpott and published by . This book was released on 1989 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Productivity or Employment written by Ms.Andrea De Michelis and published by International Monetary Fund. This book was released on 2013-05-03 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditionally, shocks to total factor productivity (TFP) are considered exogenous and the employment response depends on their effect on aggregate demand. We raise the possibility that in response to labor supply shocks firms adjust efficiency, rendering TFP endogenous to firms’ production decisions. We present robust cross-country evidence of a strong negative correlation between growth in TFP and labor inputs over the medium to long run. In addition, when using instruments to capture changes in hours worked that are independent of TFP shocks, we find that cross-country increases in labor input cause reductions in TFP growth. These results have important policy implications, including that low productivity growth in some countries may partly be a side effect of strong labor market performance. By the same token, countries facing a declining workforce, say, because of aging, may see accelerating TFP as firms find better ways of employing workers.

Download or read book Multifactor Productivity Trends written by and published by . This book was released on 1995 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Productivity and Technical Change written by W. E. G. Salter and published by . This book was released on 1960 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Developments in Econometric Analyses of Productivity written by Ali Dogramaci and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Productivity And Wages In Indian Industries written by Laxmi Narayan and published by Discovery Publishing House. This book was released on 2003 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: Productivity and wages plays an important role in the economic development and ultimately determines the standard of living in the country. In a developing economy like India the wage policy is facing a real conflict between the need of the workers for larger consumption and the demand of the economy for higher rate of capital formation. The increasing productivity and its linking with wages is the best option available. The book examines the relationship between productivity and wages in selected industries of organised manufacturing. In this endeavour, the book examines (a) The trends in productivity; (b) The trends in distribution of productivity gains; (c) The trends in factor compensation (wages and rate of return). Contents: Introduction and Problem Setting, Data and Methodology, Wage Productivity Relationship Theoretical and Empirical Evidence, Productivity Trends in Selected Industries, Trends in Distribution of Productivity Gains, Trends in Wages and Earnings, Wage-Productivity R

Download or read book What s Happening to American Labor Force and Productivity Measurements written by and published by . This book was released on 1982 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume contains four papers presented at a 1982 conference sponsored by the National Council on Employment Policy. It begins with a brief policy statement warning that labor force and productivity data systems face deterioration because of budget cuts that have forced a decline in the quality and quantity of the published information and curtailment of needed research. Each of the papers, presented by a leading economic or statistical analyst, examines one part of the system. The first, by Leon Taub, explores the extent to which the Current Population Survey can aid in answering key policy questions relating to macroeconomic, labor market, and welfare issues. In the second presentation, by Robert Taggart, new measures of labor market-related economic hardships are proposed to supplement existing labor force and poverty statistics. The third paper, by Elliot Grossman and George Sadler, cautions that conventional productivity measures concentrating on labor are overstating productivity growth. To properly capture the substitution of capital for labor and labor for capital, the need for up-to-date measures of total factor productivity is emphasized. The fourth paper, by Orley Ashenfelter and Gary Solon, emphasizes that longitudinal data collection should not be halted, since such data provide insights unobtainable from cross-sectional data. A conference summary, by Sar A. Levitan, based on selective hearing is also provided. (YLB)

Download or read book New Developments in Productivity Analysis written by Charles R. Hulten and published by University of Chicago Press. This book was released on 2007-11-01 with total page 648 pages. Available in PDF, EPUB and Kindle. Book excerpt: The productivity slowdown of the 1970s and 1980s and the resumption of productivity growth in the 1990s have provoked controversy among policymakers and researchers. Economists have been forced to reexamine fundamental questions of measurement technique. Some researchers argue that econometric approaches to productivity measurement usefully address shortcomings of the dominant index number techniques while others maintain that current productivity statistics underreport damage to the environment. In this book, the contributors propose innovative approaches to these issues. The result is a state-of-the-art exposition of contemporary productivity analysis. Charles R. Hulten is professor of economics at the University of Maryland. He has been a senior research associate at the Urban Institute and is chair of the Conference on Research in Income and Wealth of the National Bureau of Economic Research. Michael Harper is chief of the Division of Productivity Research at the Bureau of Labor Statistics. Edwin R. Dean, formerly associate commissioner for Productivity and Technology at the Bureau of Labor Statistics, is adjunct professor of economics at The George Washington University.

Download or read book Unproductive by Choice written by Zach Flynn and published by . This book was released on 2019 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: I propose a new decomposition of aggregate total factor productivity. I model productivity as an index of unmeasured factors of production, and decompose the conditional factor demand for this index. With this model of productivity, changes in the price of labor or capital cause substitution to or from productivity. I study whether such changes explain the slowdown in US productivity growth from 2005 to 2016. I find that the declining growth rate of the effective price of labor and capital encouraged substitution away from productivity. If labor and capital prices had remained constant, productivity growth would be accelerating.

Download or read book Capital labour Substitution and Its Impact on Employment written by Fabienne Ilzkovitz and published by . This book was released on 1987 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Elasticity of Substitution Between Lower Educated Labour and Other Factors of Production in the Netherlands written by G. E. Hebbink and published by . This book was released on 1990 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Interpreting Productivity Growth in the New Economy written by Erich Gundlach and published by . This book was released on 2001 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Beyond Capital and Labor written by Shanzi Ke and published by Routledge. This book was released on 2018-11-09 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1995, Beyond Capital Labor is a comprehensive empirical study about how and how much technology and regional contextual factors may influence company production and productivity growth. The book constitutes a conceptually consistent and empirically efficient study and provides a consolidated model and an analytical framework to examine the contributions of technology and regional factors to company production and productivity growth. This work goes beyond the current state and brings many scattered theoretical components together to establish an integrated model.