Worker turnover and productivity growth
Pekka Ilmakunnas (),
Mika Maliranta () and
Applied Economics Letters, 2005, vol. 12, issue 7, 395-398
Total factor productivity growth is positively related to the worker inflow rate and negatively related to the worker outflow rate in Finnish manufacturing. The churning rate, which measures separations that lead to replacement hiring, speeds up productivity growth.
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