Modelling and predicting labor force productivity

Ivan Kitov () and Oleg Kitov ()

MPRA Paper from University Library of Munich, Germany

Abstract: Labor productivity in Turkey, Spain, Belgium, Austria, Switzerland, and New Zealand has been analyzed and modeled. These counties extend the previously analyzed set of the US, UK, Japan, France, Italy, and Canada. Modelling is based on the link between the rate of labor participation and real GDP per capita. New results validate the link and allow predicting a drop in productivity by 2010 in almost all studied countries.

Keywords: productivity; labor force; real GDP; prediction; modelling (search for similar items in EconPapers)
JEL-codes: J21 O4 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cwa, nep-eff and nep-lab
Date: 2009-05-10
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Persistent link: http://EconPapers.repec.org/RePEc:pra:mprapa:15152

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