Using panel data, this paper tests whether public and private capital have a positive and significant effect on aggregate output and labor productivity for Mexico during the 1960-2001 period. The richer information set made possible by the sectorial data enables this study to utilize the methodologically sound “group-mean” Fully Modified Ordinary Least Squares (FMOLS) procedure developed by Ped...

Copyright © On the basis of an empirical analysis of 491 UK recent secondary management buyouts (SMBOs), we find strong evidence of a deterioration in long-run abnormal returns following SMBOdeals. SMBOs also performworse than primary buyouts in terms of profitability, labor productivity, and growth.We find no evidence for superior performance of private equity (PE) backed SMBOs, compared with ...

Using panel data, this paper tests whether public and private capital have a positive and significant effect on aggregate output and labor productivity for Mexico during the 1960-2001 period. The richer information set made possible by the sectorial data enables this study to utilize the methodologically sound “group-mean” Fully Modified Ordinary Least Squares (FMOLS) procedure developed by Ped...

We use two methodologies, the least square dummy variables approach and the dynamic factor models, to decompose the labor productivity growth rate for a large sample of countries into common, i.e. global, and idiosyncratic, i.e. country, components. We find that country specific effects are much more important than common effects in explaining labor productivity. The interesting result is that,...

We report on the prevalence and patterns of non-farm enterprises in six sub-Saharan African countries, and study their performance in terms of labor productivity, survival and exit, using the World Bank's Living Standards Measurement Study - Integrated Surveys on Agriculture (LSMS-ISA). Rural households operate enterprises due to both push and pull factors and tend to do so predominantly in eas...

10 Article history: 11 Received 29 June 2009 12 Received in revised form 24 May 2010 13 Accepted 25 May 2010 14 Available online xxxx 5 We decompose labor productivity growth from 1987 to 2005 by examining six partial factors 16 (both supply and demand): changes in value-added coefficients, labor inputs, shares of sectoral 17 demands that are fulfilled domestically, input mix, and the intra-sec...

This paper relates physical and mental health status to labor force participation and compares these relationships among self-report and proxy respondents. Previous research has conjectured that self-reports of health status may lead to an upward bias in the estimated effect of health on labor productivity because subjects who are out of the labor force may be more likely to understate their he...

Wide differences in labor productivity are observed between agriculture and industry in most developing countries. Research suggests that these differences – often denoted a “dual economy” effect – can explain a significant portion of low output per capita levels in these countries. A central input to the labor productivity calculation is the aggregate labor effort in the agricultural sector. U...

The labor tour scheduling literature has focused on the development of schedules, and with a few exceptions, employees were assumed to have identical cost and productivity. Even the few exceptions in the literature that solved tour problems considered employees within a work group to have identical cost and productivity. In this paper we evaluated heuristics for assigning individual employees –...

This paper analyses the impacts of information and communication technology (ICT) solutions on labor productivity, i.e. revenue per employee. Based on cross-sectional data on 1955 European firms in 2005 and a linear regression model derived from the microeconomic theory of production, the impacts of six common ICT solutions in electronic commerce (e-commerce) cannot be ignored. According to the...