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Heavy Work Investment from the Perspective of Cultural Factors and Outcomes by Types of Investors

Author

Listed:
  • Rodica Cristina Butnaru

    (University of Quebec at Montreal, Montreal, Canada)

  • Alexandru Anichiti

    (?tefan cel Mare University of Suceava, Suceava, Romania)

  • Gina Ionela Butnaru

    (Alexandru Ioan Cuza University of Ia?i, Ia?i, Romania)

  • Alina Petronela Haller

    (Gh. Zane Institute for Economic and Social Research – Romanian Academy, Ia?i Branch, Romania)

Abstract

This paper aims to analyse the concept of Heavy Work Investment (HWI) by studying the factors determining this phenomenon, as well as its outcomes (both negative and positive). According to the European Directive of 1993, Heavy Work Investment occurs when an individual works more than 48 hours per week. The aim of this paper is to study the factors influencing the occurrence of the phenomenon of Heavy Work Investment from the perspective of time invested, using the multiple regression model, as well as the outcomes of Heavy Work Investment, using the structural equation model (SEM). The study used the data of the countries included in the International Social Survey Programme (ISSP), (37 countries and a total of 18,274 respondents) on employment status, the number of actual working hours, job and demographic characteristics. The results confirm the important impact of the cross-cultural differences on HWI behaviour as well as the outcomes of Heavy Work Investment according to the type of investor (dispositional / situational).

Suggested Citation

  • Rodica Cristina Butnaru & Alexandru Anichiti & Gina Ionela Butnaru & Alina Petronela Haller, 2020. "Heavy Work Investment from the Perspective of Cultural Factors and Outcomes by Types of Investors," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 22(Special 1), pages 1159-1159, November.
    • Handle: RePEc:aes:amfeco:v:22:y:2020:i:special14:p:1159
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    References listed on IDEAS

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    Cited by:

    1. Edna Rabenu & Or Shkoler, 2022. "Heavy-Work Investment, Its Organizational Outcomes and Conditional Factors: A Contemporary Perspective over a Decade of Literature," Sustainability, MDPI, vol. 14(24), pages 1-19, December.
    2. Filiz Tabak & Aharon Tziner & Or Shkoler & Edna Rabenu, 2021. "The Complexity of Heavy Work Investment (HWI): A Conceptual Integration and Review of Antecedents, Dimensions, and Outcomes," Sustainability, MDPI, vol. 13(14), pages 1-16, July.

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    More about this item

    Keywords

    Heavy Work Investment; working hours; cross-cultural differences; dispositional investors; situational investors.;
    All these keywords.

    JEL classification:

    • J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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