IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/118622.html
   My bibliography  Save this paper

A Comprehensive Regression Study on the Drivers of Labour Productivity

Author

Listed:
  • Shevelova, Anastasia
  • Machukha, Ielyzaveta
  • Motliuk, Mark
  • Kulinich, Volodymyr

Abstract

Labour productivity is an essential economic indicator, offering insights into a nation's hourly economic output. Understanding a country's performance is pivotal for assessing policy effectiveness and shaping new strategies. This study aims to identify the primary determinants of labour productivity and analyze their impact. Employing data from the World Bank and ILOSTAT, the linear regression method was used for analysis to uncover significant insights. The findings reveal a positive correlation between urbanization and labour productivity, while employment in agriculture, as expected, exerts a negative influence. Furthermore, a direct relationship was observed between a country's income level and labour productivity, with higher incomes associated with increased productivity. Notably, the unemployment rate exhibits a positive association with labour productivity, and this effect intensifies as income levels decrease.

Suggested Citation

  • Shevelova, Anastasia & Machukha, Ielyzaveta & Motliuk, Mark & Kulinich, Volodymyr, 2023. "A Comprehensive Regression Study on the Drivers of Labour Productivity," MPRA Paper 118622, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:118622
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/118622/1/MPRA_paper_118622.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Brauninger, Michael & Pannenberg, Markus, 2002. "Unemployment and productivity growth: an empirical analysis within an augmented Solow model," Economic Modelling, Elsevier, vol. 19(1), pages 105-120, January.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Chu, Angus C. & Cozzi, Guido & Furukawa, Yuichi, 2016. "Unions, innovation and cross-country wage inequality," Journal of Economic Dynamics and Control, Elsevier, vol. 64(C), pages 104-118.
    2. Michael Bräuninger, 2005. "Social Security, Unemployment, and Growth," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 12(4), pages 423-434, August.
    3. Michaelis, Jochen & Birk, Angela, 2006. "Employment- and growth effects of tax reforms," Economic Modelling, Elsevier, vol. 23(6), pages 909-925, December.
    4. Erygit Pinar & Cura Serkan & Zungun Deniz & Ortanca Murat, 2014. "Econometric Evaluation Of The Relationship Economic Growth And Unemployment In Eu & Turkey," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 452-462, July.
    5. Jean-Louis ARCAND & Béatrice D'HOMBRES, 2002. "Explaining the Negative Coefficient Associated with Human Capital in Augmented Solow Growth Regressions," Working Papers 200227, CERDI.
    6. repec:bla:germec:v:7:y:2006:i::p:87-112 is not listed on IDEAS
    7. Maynou, Laia & Ordóñez, Javier & Silva, José Ignacio, 2022. "Convergence and determinants of young people not in employment, education or training: An European regional analysis," Economic Modelling, Elsevier, vol. 110(C).
    8. Moreno-Galbis, E., 2006. "Unemployment and endogenous growth with new technologies-skill complementarity," Economic Modelling, Elsevier, vol. 23(2), pages 364-386, March.
    9. Rıza BAYRAK & Halim TATLI, 2016. "Short and long term analysis of some factors effecting youth unemployment in Turkey," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(3(608), A), pages 229-242, Autumn.
    10. João Amador & Ana Fernandes & Guida Nogueira, 2022. "The competitiveness of the Portuguese economy: A view from a composite indicator," Economic Bulletin and Financial Stability Report Articles and Banco de Portugal Economic Studies, Banco de Portugal, Economics and Research Department.
    11. KAMGNIA, Dia B., 2009. "Growth Intensity Of Employment In Africa: A Panel Data Approach," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 9(2).
    12. Lingens, Jorg, 2007. "Unions, wage setting, and economic growth," Economic Modelling, Elsevier, vol. 24(1), pages 167-188, January.
    13. Aiello, Francesco & Pupo, Valeria, 2012. "Structural funds and the economic divide in Italy," Journal of Policy Modeling, Elsevier, vol. 34(3), pages 403-418.
    14. Lutz G. Arnold, 2006. "Does the Choice between Wage Inequality and Unemployment Affect Productivity Growth?," German Economic Review, Verein für Socialpolitik, vol. 7(1), pages 87-112, February.
    15. Jonathan Eberle & Thomas Brenner, 2016. "More bucks, more growth, more justice? The effects of regional structural funds on regional economic growth and convergence in Germany," Working Papers on Innovation and Space 2016-01, Philipps University Marburg, Department of Geography.
    16. Eva, MORENO-GALBIS, 2004. "Unemployment and Endogenous Growth with Capital-Skill Complementarity," LIDAM Discussion Papers IRES 2004001, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    17. Joachim Thøgersen, 2010. "Unemployment, Public Pensions, and Capital Accumulation: Assessing Growth Effects of Alternative Funding Strategies," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 166(3), pages 502-520, September.
    18. Rıza BAYRAK & Halim TATLI, 2016. "Short and long term analysis of some factors effecting youth unemployment in Turkey," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(3(608), A), pages 229-242, Autumn.
    19. Wali Aya Rumbia & Abd Azis Muthalib & Bakhtiar Abbas & Pasrun Adam & Asrul Jabani & Yuwanda Purnamasari Pasrun & Dzulfikri Azis Muthalib, 2022. "The Asymmetry Effect of Oil Consumption, Unemployment and Broadband Technology on Economic Growth in Indonesia," International Journal of Energy Economics and Policy, Econjournals, vol. 12(2), pages 276-281, March.

    More about this item

    Keywords

    Labour productivity; Country performance; Determinants of labour productivity; Linear regression analysis;
    All these keywords.

    JEL classification:

    • J0 - Labor and Demographic Economics - - General
    • J01 - Labor and Demographic Economics - - General - - - Labor Economics: General
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:118622. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.