Distribution of Labour Productivity in Japan over the Period 1996--2006

Wataru Souma, Yuichi Ikeda, Hiroshi Iyetomi and Yoshi Fujiwara

No 2009-2, Economics Discussion Papers from Kiel Institute for the World Economy (IfW Kiel)

Abstract: The distribution of labour productivity is investigated by analyzing the longitudinal micro-level data set which contains detailed financial condition of large numbers of Japanese companies over the period 1996--2006. The generalized beta function of the second kind is applied to explain the distribution. We calculate marginal labour productivity by using the fitting parameters, and show that the economy in the labour market is not in equilibrium. By comparing parameters characterizing high productivity range and low productivity range, we show that inequality of low productivity range is larger than that of high productivity range. In addition, it is shown that the change of inequality in low productivity has strong correlation with GDP.

Keywords: Labour productivity; marginal labour productivity; inequality (search for similar items in EconPapers)
JEL-codes: C16 E23 L60 (search for similar items in EconPapers)
Date: 2009
New Economics Papers: this item is included in nep-bec, nep-eff and nep-lab
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

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Persistent link: https://EconPapers.repec.org/RePEc:zbw:ifwedp:7481

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