Productivity in the European Union: Do Labour Market Institutions Really Matter?

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F16%3A00089996" target="_blank" >RIV/00216224:14560/16:00089996 - isvavai.cz</a>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Productivity in the European Union: Do Labour Market Institutions Really Matter?

Popis výsledku v původním jazyce

In recent years, many policy papers have suggested that the institutional setup of the labour markets have considerable influence on the economic performance. But, what about the European Union? Is the declining trend of the European productivity connected with the European labour market institutions? This paper investigates the impact of selected labour market institutions and their interactions on the total factor productivity growth in 19 EU member states. As basis for the empirical analysis, an endogenous growth model extended by institutions is derived. As analytical tool, panel data model is applied. The analysis covers the period from 1995 to 2013. Data for total factor productivity growths were calculated using growth accounting method. The results suggest that labour market institutions really matter, in the sense that they are statistically significant in explaining the European total factor productivity growth in the analysed period.

Název v anglickém jazyce

Productivity in the European Union: Do Labour Market Institutions Really Matter?

Popis výsledku anglicky

In recent years, many policy papers have suggested that the institutional setup of the labour markets have considerable influence on the economic performance. But, what about the European Union? Is the declining trend of the European productivity connected with the European labour market institutions? This paper investigates the impact of selected labour market institutions and their interactions on the total factor productivity growth in 19 EU member states. As basis for the empirical analysis, an endogenous growth model extended by institutions is derived. As analytical tool, panel data model is applied. The analysis covers the period from 1995 to 2013. Data for total factor productivity growths were calculated using growth accounting method. The results suggest that labour market institutions really matter, in the sense that they are statistically significant in explaining the European total factor productivity growth in the analysed period.

Druh

D - Stať ve sborníku

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2016

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Proceedings of the 3rd International Conference on European Integration 2016

ISBN

9788024839110

ISSN

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e-ISSN

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Počet stran výsledku

9

Strana od-do

116-124

Název nakladatele

VŠB - Technical University of Ostrava

Místo vydání

Ostrava

Místo konání akce

Ostrava

Datum konání akce

1. 1. 2016

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

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