Determinants of productivity per employee: An empirical estimation using panel data

Abstract

Two different approaches are used in this article to study productivity per employee: the determinants of its growth rate in the 1990s are first examined, and then the determinants of its level, using a more structural approach. ICT are shown to have a positive and significant effect on both growth rates and levels of productivity. This result is consistent with that of Gust and Marquez (2002), although the sample of countries is larger and GMM are used. In both sections of the paper, the employment rate and productivity exhibit a significant negative relationship, arising from the concentration of employment on the most productive members of the workforce. Indicators of financial depth and price stability are found to be significant.

The Impact of Spatial Externalities: Skills, Education and Plant Productivity

“…On the other hand, a higher employment rate might affect productivity negatively due to the entrance of lower-skilled workers. BELORGEY et al (2006) find this effect when comparing 25 countries.…”

Age dependency and labour productivity divergence

“…The variable most frequently discussed in recent studies as a potential determinant of labour productivity is ICT investment ( Van Ark, Inklaar, and McGuckin 2003;Belorgey, Lecat, and Maury 2006;Jorgenson and Vu 2007). These studies find that ICT investment and diffusion can explain part of productivity differential between Europe and the United States.…”

The Problems and Possibilities of Increasing the Competetive Advantage of National Economy: A Case of Labour Productivity / Šalies Ūkio Konkurencinio Pranašumo Didinimo Problemos Ir Galimybės: Darbo Produktyvumo Atvejis

“…Be abejo, visi šie veiksniai veikia darbo produktyvumo lygį, tačiau jie traktuojami kaip konkrečios įmonės darbo produktyvumo veiksniai. Šio tyrimo tikslui pasiekti tikslinga išskirti veiksnius, kurie lemia šalies darbo produktyvumo pokyčius (Belorgey et al 2006). M. T. Choudhry (2009) išskiria tokius pagrindinius šalies darbo produktyvumą lemiančius veiksnius: darbo jėgos užimtumo lygis, išsimoksli-nimas, infliacija, išlaidos informacinėms ir telekomunikacijų technologijoms, kapitalo struktūra, ekonomikos atvirumo laipsnis, tiesioginės užsienio investicijos, urbanizacija, že-mės ūkio, pramonės ir paslaugų sektorių dalys ekonomikoje.…”