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Labor Market Institutions and Labor Productivity Growth

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  • Macit, Fatih

Abstract

In this paper I investigate how the labor productivity growth is affected from various institutions of the labor market using the empirical evidence from a panel data of OECD countries. I find that benefit replacement rate, benefit duration index, and the tax wedge appear to be significant labor market institutions affecting the labor productivity growth. A higher benefit replacement rate, a longer duration of unemployment benefits, and a higher tax wedge are expected to generate a lower labor productivity growth.

Suggested Citation

  • Macit, Fatih, 2011. "Labor Market Institutions and Labor Productivity Growth," MPRA Paper 31727, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:31727
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    References listed on IDEAS

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    More about this item

    Keywords

    Labor Market Institutions; Labor Productivity Growth;

    JEL classification:

    • J01 - Labor and Demographic Economics - - General - - - Labor Economics: General
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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