This paper estimates the determinants of labour productivity in European NUTS regions during 1989-1996. We compare three potential explanations of regional advantages: Technological capabilities (proxied by regional patents), agglomeration economies (employment density), and openness. To study the latter we use the number of airplane passengers embarked and disembarked in the region, and found ...

Wages and Productivity Growth in a Dynamic Monopoly* This Paper studies the intertemporal problem of a monopolistic firm that engages in productivity-enhancing innovations to reduce its labour costs. If the level of wages is sufficiently low, the firm’s rate of productivity growth approaches the rate of wage growth and eventually the firm reaches a steady state where its unit labour cost remain...

We consider the potential importance of labour market efficiency for aggregate growth. The idea is that efficient labour markets move workers more quickly from low to high productivity sites, thereby raising aggregate productivity growth. We define a measure of labour market efficiency as a structural parameter from a matching function. Using labour market data on 15 OECD countries, we estimate...

The impact of import competition on labour productivity is examined using panel data for a sample of Australian manufacturing firms over the period 1984 to 1993. Import competition is found to interact with domestic competition; such the positive impact of import competition on the level and rate of growth of labour productivity rises with the degree of concentration among domestic producers. T...

In perfectly competitive labour markets, there is a market for non-material job amenities in which workers’ willingness to pay for these goods implies that workers accept compensating wage differentials, such that jobs with better working conditions should have lower wages. In labour market characterised by frictions, workers’ wages typically depend also on firm productivity. However many job c...

in recent years, economists have paid attention to the relationship between emotions and productivity. economists investigated the bi-directional effect of emotion and subjective well-being, such as happiness, on different economic variables, such as productivity, health, income, and so on. in this paper, we try to study the effect of income on labour force happiness in iran. for this purpose, ...

In 2009, Canada ranked ninth among OECD countries with a per capita gross domestic product (GDP) of $46,243,1 a measurement generally used to compare societies’ standards of living. That same year, our main trading partner, the United States, ranked third with a per capita GDP of $56,109—21.3% higher than the figure for Canada. It is generally acknowledged that an increase in a country’s standa...

The growth of the Malaysian economy has gone through several phases and strategies from inputdriven to productivity-driven and knowledge-based-driven, which is in line with the world scenario. The knowledge-based-driven of economic growth is crucial as it will raise level of competitiveness of the country, especially in facing the world challenges. This paper attempts to observe to what extent ...