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A view on the long-run evolution of hours worked and labour productivity in Switzerland (1950-2010)

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Abstract

The discussion about the long-run evolution of labor productivity in Switzerland is awed because the available data on the input of labor is incoherent and incomplete. It is the aim of this paper to establish a consistent aggregate series of total hours worked covering 1950-2010. The new data indicates that hours worked in Switzerland have been nearly stagnant between 1960 and 2005, implying that hours worked have grown considerably less than previously thought. As a direct consequence, Switzerland's performance in terms of labor productivity growth has been underestimated in previous work, particularly after the structural slowdown in labor productivity growth of 1973.

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  • Michael Siegenthaler, 2012. "A view on the long-run evolution of hours worked and labour productivity in Switzerland (1950-2010)," KOF Working papers 12-300, KOF Swiss Economic Institute, ETH Zurich.
    • Handle: RePEc:kof:wpskof:12-300
    DOI: 10.3929/ethz-a-007136426
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    File URL: http://dx.doi.org/10.3929/ethz-a-007136426
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    Cited by:

    1. Michael Siegenthaler, 2015. "Has Switzerland Really Been Marked by Low Productivity Growth? Hours Worked and Labor Productivity in Switzerland in a Long-run Perspective," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 61(2), pages 353-372, June.
    2. Jochen Hartwig, 2013. "Distribution and growth in demand and productivity in Switzerland (1950--2010)," Applied Economics Letters, Taylor & Francis Journals, vol. 20(10), pages 938-944, July.

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