Labour Market Institutions and Total Factor Productivity. An Evidence in the European Union
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F16%3A00091050" target="_blank" >RIV/00216224:14560/16:00091050 - isvavai.cz</a>
Result on the web
<a href="http://mme2016.tul.cz/conferenceproceedings/mme2016_conference_proceedings.pdf" target="_blank" >http://mme2016.tul.cz/conferenceproceedings/mme2016_conference_proceedings.pdf</a>
DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Labour Market Institutions and Total Factor Productivity. An Evidence in the European Union
Original language description
In recent years, several economic studies relate the relatively unfavourable development of total factor productivity (TFP) in the Europea in countries to inherent rigidities in labour markets. Therefore, the issue of labour market is in the centre of theoretical and empirical research. The aim of this paper is to determine the effects of five selected labour market institutions on the development of TFP in the member states of the European Union. In particular, by means of an endogenous growth model extended by institutions, we provide a verification of the following hypothesis: Labour market institutions have significant but, in average, more likely negative impact on the development of TFP in the European Union. To estimate the policy augmented productivity equation with a broad measure of TFP we use a panel data model with fixed effect. The analysis is executed on 19 member states of the European Union and covers the period of 1999 - 2013.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
50200 - Economics and Business
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2016
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
34th International Conference Mathematical Methods in E conomics 2016 Conference Proceedings
ISBN
9788074942969
ISSN
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e-ISSN
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Number of pages
6
Pages from-to
108-113
Publisher name
Technical University of Liberec
Place of publication
Liberec
Event location
Liberec
Event date
Jan 1, 2016
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000385239500019