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Tsionas, Efthymios G.

doi:10.1023/a:1022650710086

Empirica

2003

DOI: 10.1023/a:1022650710086

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Efthymios G. Tsionas

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Cited by 5 publications

References 48 publications

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Inflation persistence during periods of structural change: an assessment using Greek data

Hondroyiannis

Λαζαρέτου²

2007

Empirica

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in C O N T E N T S Abstract 4Non-technical summary 5

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Inflation persistence during periods of structural change: an assessment using Greek data

Hondroyiannis

Λαζαρέτου²

2007

Empirica

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The effect of inflation and real wages on productivity: new evidence from a panel of G7 countries

Narayan

Smyth

2009

Applied Economics

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This article examines the effect of inflation and real wages on productivity within a panel unit root and panel cointegration framework for the G7 countries over the period 1960 to 2004. The main contribution of the article is to provide panel long-run estimates of the effect of inflation and real wages on productivity in the G7 countries over this period. The article finds that for the panel as a whole a 1% increase in real wages generates a 0.6% increase in productivity, while the effects of inflation on productivity are statistically insignificant for most of the individual countries and for the panel as a whole.

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Real wages, inflation and labour productivity in Australia

2011

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This paper presents an analysis of real wages, inflation and labour productivity interrelationships using cointegration, Granger-causality and, most importantly, structural change tests. Applications of tests to Australian data over the period corroborate the presence of a structural break in 1985 and show that a 1 percent increase in manufacturing sector real wages led to an increase in manufacturing sector productivity of between 0.5 and 0.8 percent. Comparable estimates for the effect of inflation on manufacturing sector productivity have limited statistical significance. Granger causality test results suggest that real wages and inflation both Granger-cause productivity in the long run.

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Untitled

Cited by 5 publications

References 48 publications

Inflation persistence during periods of structural change: an assessment using Greek data

Inflation persistence during periods of structural change: an assessment using Greek data

The effect of inflation and real wages on productivity: new evidence from a panel of G7 countries

Real wages, inflation and labour productivity in Australia

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