Labour Market Institutions and Total Factor Productivity. An Evidence in the European Union

Kód výsledku v 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>

Výsledek na webu

<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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Jazyk výsledku

angličtina

Název v původním jazyce

Labour Market Institutions and Total Factor Productivity. An Evidence in the European Union

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

Labour Market Institutions and Total Factor Productivity. An Evidence in the European Union

Popis výsledku anglicky

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.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50200 - Economics and Business

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

34th International Conference Mathematical Methods in E conomics 2016 Conference Proceedings

ISBN

9788074942969

ISSN

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e-ISSN

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Počet stran výsledku

6

Strana od-do

108-113

Název nakladatele

Technical University of Liberec

Místo vydání

Liberec

Místo konání akce

Liberec

Datum konání akce

1. 1. 2016

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000385239500019