Determinants of Productivity per Employee: an Empirical Estimation Using Panel Data

N. Belorgey, Rémy Lecat and P-M. Maury

Working papers from Banque de France

Abstract: Two different approaches are used in this article to study productivity per employee: the determinants of its growth rate in the 1990s are first examined, and then the determinants of its level, using a more structural approach. ICT are shown to have a positive and significant effect on both growth rates and levels of productivity. This result is consistent with that of Gust and Marquez (2002), although the sample of countries is larger and GMM are used. In both sections of the paper, the employment rate and productivity exhibit a significant negative relationship, arising from the concentration of employment on the most productive members of the workforce. Indicators of financial depth and price stability are found to be significant.

Keywords: Productivity; Panel; Generalized method of moments; Information and communication technology (ICT); Growth accounting (search for similar items in EconPapers)
JEL-codes: C22 C23 O47 (search for similar items in EconPapers)
Pages: 37 pages
Date: 2004
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)

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Related works:
Journal Article: Determinants of productivity per employee: An empirical estimation using panel data (2006)
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Persistent link: https://EconPapers.repec.org/RePEc:bfr:banfra:110

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