Labour market institutions and the employment intensity of output growth: an international comparison

Arbeitspapier

This paper deals with the effects of labour market institutions on labour market performance. We analyse as an indicator for the labour intensity of output growth the employment threshold (the minimum growth rate of output necessary to keep employment constant). We show for a sample of 17 OECD countries for the period 1971 to 2002 that the strictness of employment protection raises the employment threshold in all econometric specifications. A higher wage bargaining coordination and a higher tax wedge reduce also the labour intensity of production, although the effects are not significant in all econometric specifications.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: CESifo Working Paper ; No. 2175

Classification and Topics

• Classification: Wirtschaft ; Labor Demand ; Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity ; Labor-Management Relations, Trade Unions, and Collective Bargaining: General
• Subject: employment protection ; labour market institutions ; labour demand ; international comparison ; employment threshold ; Arbeitnehmerschutz ; Beschäftigungseffekt ; Institutionelle Infrastruktur ; Arbeitsmarkt ; Systemvergleich ; Schätzung ; OECD-Staaten

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Flaig, Gebhard ; Rottmann, Horst
• Event: Veröffentlichung
• (who): Center for Economic Studies and ifo Institute (CESifo)
• (where): Munich
• (when): 2007

Further information

• Handle: http://hdl.handle.net/10419/26219
• Last update: 10.03.2025, 11:41 AM CET