Assessing the Impact of Labour Market Policies on Productivity: A Difference-in-Differences Approach
The impact of four labour market policies - employment protection legislation, minimum wages, parental leave and unemployment benefits - on productivity is examined here, using annual cross-country aggregate data on these policies and industry-level data on productivity from 1979 to 2003. We use a &...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2007
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| Schriftenreihe: | OECD Social, Employment and Migration Working Papers
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| Schlagworte: | |
| Online-Zugang: | UBA01 UBG01 UEI01 UER01 UPA01 UBR01 UBW01 FFW01 FNU01 EUV01 FRO01 FHR01 FHN01 TUM01 FHI01 UBM01 Volltext |
| Zusammenfassung: | The impact of four labour market policies - employment protection legislation, minimum wages, parental leave and unemployment benefits - on productivity is examined here, using annual cross-country aggregate data on these policies and industry-level data on productivity from 1979 to 2003. We use a "difference-in-differences" framework, which exploits likely differences in the productivity effect of policies in different industries. Our identifying assumption is that a specific policy influences worker or firm behaviour, and thereby productivity, more in industries where the policy in question is likely to be more binding than in other industries. The advantage of this approach is twofold. First, as in standard cross-country analysis, we can exploit the cross-country variation of policies. Second, in contrast with standard cross-country analysis, we can control for unobserved factors that, on average, are likely to have the same effect on productivity in both policy-binding and non-binding industries |
| Beschreibung: | 1 Online-Ressource (68 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/122873667103 |
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Datensatz im Suchindex
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| index_date | 2024-07-03T19:34:59Z |
| indexdate | 2024-07-10T09:25:34Z |
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| language | English |
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| spelling | Bassanini, Andrea Verfasser aut Assessing the Impact of Labour Market Policies on Productivity A Difference-in-Differences Approach Andrea Bassanini and Danielle Venn Paris OECD Publishing 2007 1 Online-Ressource (68 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Social, Employment and Migration Working Papers The impact of four labour market policies - employment protection legislation, minimum wages, parental leave and unemployment benefits - on productivity is examined here, using annual cross-country aggregate data on these policies and industry-level data on productivity from 1979 to 2003. We use a "difference-in-differences" framework, which exploits likely differences in the productivity effect of policies in different industries. Our identifying assumption is that a specific policy influences worker or firm behaviour, and thereby productivity, more in industries where the policy in question is likely to be more binding than in other industries. The advantage of this approach is twofold. First, as in standard cross-country analysis, we can exploit the cross-country variation of policies. Second, in contrast with standard cross-country analysis, we can control for unobserved factors that, on average, are likely to have the same effect on productivity in both policy-binding and non-binding industries Social Issues/Migration/Health Venn, Danielle ctb https://doi.org/10.1787/122873667103 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Bassanini, Andrea Assessing the Impact of Labour Market Policies on Productivity A Difference-in-Differences Approach Social Issues/Migration/Health |
| title | Assessing the Impact of Labour Market Policies on Productivity A Difference-in-Differences Approach |
| title_auth | Assessing the Impact of Labour Market Policies on Productivity A Difference-in-Differences Approach |
| title_exact_search | Assessing the Impact of Labour Market Policies on Productivity A Difference-in-Differences Approach |
| title_exact_search_txtP | Assessing the Impact of Labour Market Policies on Productivity A Difference-in-Differences Approach |
| title_full | Assessing the Impact of Labour Market Policies on Productivity A Difference-in-Differences Approach Andrea Bassanini and Danielle Venn |
| title_fullStr | Assessing the Impact of Labour Market Policies on Productivity A Difference-in-Differences Approach Andrea Bassanini and Danielle Venn |
| title_full_unstemmed | Assessing the Impact of Labour Market Policies on Productivity A Difference-in-Differences Approach Andrea Bassanini and Danielle Venn |
| title_short | Assessing the Impact of Labour Market Policies on Productivity |
| title_sort | assessing the impact of labour market policies on productivity a difference in differences approach |
| title_sub | A Difference-in-Differences Approach |
| topic | Social Issues/Migration/Health |
| topic_facet | Social Issues/Migration/Health |
| url | https://doi.org/10.1787/122873667103 |
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