The Division of Labour, Worker Organisation, and Technological Change The model developed in this paper explains differences in the division of labour across firms as a result of computer technology adoption. We find that changes in the division of labour can result both from reduced production time and from improved communication possibilities. The first shifts the division of labour towards a...

The Indian and Pakistani banking industry is said to have an excessive use of labour due to the significant market share of government owned banks. Both countries have undertaken a process of regulatory reform to bring about market discipline in the usage of inputs and to increase the labour use efficiency and productivity. The focus of this paper is the estimation of productivity and efficienc...

The paper looks at the effects of employment concentration on resource allocation with a particular focus on one-company towns in Russia: towns where a single company accounts for a significant share of total employment. Empirical analysis of firms’ production functions indicates that firms located in one-company towns are characterised by lower labour productivity, higher marginal capital prod...

ƒ Productivity is a key indicator of economic health and increasing productivity has been a key objective of the Labour government since 1997. UK labour productivity (GDP per hour) has traditionally been lower than other major industrialised countries. ƒ In recent years, the gap in labour productivity with respect to France and Germany has gradually narrowed. Although these improvements are evi...

The extent to which labour market rigidity can be beneficial for an economy is investigated in a model where technological change is non-general purpose and different types of skills are available to workers. More precisely, specific skills lock a worker into a particular technology but increases productivity. Conversely, general skills allow workers to move across technologies at the cost of l...

A growth model is developed for an open dual economy. Th e economy expands due to a higher growth rate of labour productivity in the modern sector through the Kaldor-Verdoorn channel and higher eff ective demand through a Keynesian channel. Th e model incorporates a retardation mechanism aff ecting the slopes of productivity and output growth schedules as labour surplus and economies of scale d...

Using nationally representative workplace data we identify the correlates of temporary agency working (TAW) in the private sector in Britain and its association with workplace labour productivity and financial performance. TAW per se is not associated with workplace financial performance. It is also not associated with two of the three measures of labour productivity analysed. However, it does ...

As in many European countries, labour productivity in the UK has been stagnant since the start of the Great Recession. This paper uses individual data on employment and wages to try to understand whether real wage flexibility can help shed light on the UK’s productivity puzzle. It finds, perhaps unsurprisingly, that workforce composition cannot explain the reduction in wages and hence productiv...

In this paper an effort is made in order to investigate the nexus of dynamic interrelations between the general macroeconomic environment of Greek economy with a special reference to the real wages determination. For the causality analysis among real wages, consumer price index, labour productivity, unemployment rate and gross domestic product a multivariate autoregressive VAR model was used, c...