Is there a Trade-off between Employment and Productivity?

Pramod (Raja) Junankar

No 7717, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: The aim of this paper is to analyse the possible trade-off between employment and productivity using panel data on world economies, developed and developing. We begin with the importance of productivity growth for developing countries, followed by a brief discussion of the concept of productivity and how it is measured. We discuss the concept of "decent work" and provide an index to measure decent work, and study its changes over time. First we provide some simple descriptive statistics and then carry out an econometric investigation using alternative estimation techniques. Our broad results suggest that there is a trade-off between employment and productivity.

Keywords: economic development; trade-off; employment; productivity (search for similar items in EconPapers)
JEL-codes: O11 O17 O47 (search for similar items in EconPapers)
Pages: 42 pages
Date: 2013-11
New Economics Papers: this item is included in nep-eff and nep-lab
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Citations: View citations in EconPapers (12)

Published - published as 'Macroeconomic and Sectoral Issues in Youth Employment Policy' in: O'Higgins, N., Ebell, M.; Junankar, P.N. (eds.), Rising to the Youth Employment Policy, Geneva, 2017, Ch.2

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Related works:
Working Paper: Is there a trade-off between employment and productivity? (2014)
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